Today both indices opened with an over 1% gap-up near the Gann square resistance level. Then, both indices moved downwards and gave up some of their opening gains. But both managed to close in the green.
Nifty Bulls need to hold the 15770-750 zone to rally further. And on the upside, the 15910-930 zone will act as the resistance.
The Bank Nifty range is 34100-33750. Either side break with holdup will decide the trend for tomorrow’s session.
Nifty Intraday Gann levels
Nifty bulls need to break & sustain above 15910 to move towards 15950/16000/16060/16130.
On the lower side, the Gann support level is 15810; below that Index can move towards 15770/15720/15660/15590.
Bank Nifty Intraday Gann levels
Bank Nifty bulls need to break & sustain above 34100 to move towards 33250/34450/34700.
On the lower side, the Gann support level is 33750; below that Bank Nifty Index can move towards 33600/33400/33150.
Note: The above levels are for educational purposes. Not a Buy/Sell advice.