Today both indices opened with a gap-up and ended the session in green.
The bulls in Nifty are in control, but the 17560 Gann level can act as a hurdle. So bulls have to break & sustain above it for a fast move towards 17660/17800. But If bulls fail to do so in coming sessions, the Index can again move lower. And bears need to break and sustain below the 17390-380 zone to get control.
Nifty Intraday Gann levels
Nifty bulls need to break & sustain above 17560 to move towards 17600/17650/17710/17780.
On the lower side, the Gann support level is 17470; below that Index can move towards 17430/17380/17320/17250.
Bank Nifty bulls need to break 36600 for a strong upside move. If they fail to do so, the Index can re-visit the lower levels. And bears need to break and sustain below the 36050-35900 zone to get control.
Bank Nifty Intraday Gann levels
Bank Nifty bulls need to break & sustain above 36600 to move towards 36750/36950/37200.
On the lower side, the Gann support level is 36250; below that Bank Nifty Index can move towards 36100/35900/35650.
Note: The above levels are for educational purposes only, not Buy/Sell advice.
