Nifty Bank Nifty Trade plan for Tuesday trading Session

Today both the indices opened gap-up, near the Gann square resistance level. Then, both started moving downwards and ended the session in the red. 

nifty the Gann square resistance level

Until Nifty is trading below 17190-200 zone bears are in control. And they can take Nifty towards 17010/16900 levels if bulls fail to move back & sustain above the 17190-200 zone.

Nifty Intraday Gann levels

Nifty bulls need to break & sustain above 17190 to move towards 17230/17280/17340/17410.

On the lower side, the Gann support level is 17100; below that Index can move towards 17060/17010/16950/16880.

bank nifty the Gann square resistance level

Bank Nifty bulls need to break & sustain above 36300 to get the control back. On the downside, 35500 is the major support level. 

Bank Nifty Intraday Gann levels

Bank Nifty bulls need to break & sustain above 36300 to move towards 36450/36650/36900.

On the lower side, the Gann support level is 35950; below that Bank Nifty Index can move towards 35800/35600/35350.

Note: The above levels are for educational purposes only, not Buy/Sell advice.

About the author

Divesh Jotwani is a full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day-in and-out markets.