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Trade Plan for 28 June: Indices closed higher for the third straight session 

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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. 

the Gann square resistance Nifty

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.

Nifty Bank the Gann square resistance

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.

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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.