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Trade Set up for Wednesday: Nifty Bank Nifty Intraday Levels

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Nifty gave up all opening gains today. And Bank Nifty ended the day with slight losses.

The 15880-15450 range is crucial. Either side close will decide the trend in the Nifty Index.

The 35380 level is decisive for Bank Index. Bulls should hold a 34600-500 price range to bounce again.

the trend in the nifty index

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 15810 to move towards 15850/15910/15990 levels.

On the lower side, the Gann support level is 15720; below that Index can move towards 15680/15620/15540.

the trend in the Bank Nifty index

Bank Nifty Intraday Gann Levels

Bank Nifty bulls need to break & sustain above 34990 to move towards 35100/35350/35700.

On the lower side, the Gann support level is 34700 below that Bank Nifty Index can move towards 34590/34240/33900 levels.

Note: The above levels are for educational purposes only, not 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.