The last analysis levels worked fine.
Today, Nifty and Bank Nifty break their support levels, but both Indexes again moved higher in the last trading session.
Our ‘Hook Timing Method’ gave an early BUY signal near the bottom.
That’s the true potential of Gann timing methods. Gann trading methods reward well when used correctly.
Now to continue today’s positive momentum, Nifty bulls need to hold the 15550-540 range. On the upper side, the 14660-670 zone will act as resistance.
And Bank Nifty bulls need to hold a 35200-35000 range to keep odds in their favor. On the upper side, the 35750-36000 zone will act as resistance.
Nifty Intraday Gann Levels
Nifty bulls need to break & sustain above 15620 to move towards 15660/15720/15810 levels.
On the lower side, the Gann support level is 15560; below that Index can move towards 15525/15460/15380.
Bank Nifty Intraday Gann Levels
Bank Nifty bulls need to break & sustain above 35500 to move towards 35650/35850/36200.
On the lower side, the Gann support level is 35200; below that Bank Nifty Index can move towards 35050/34850/34500 levels.
Note: The above levels are for educational purposes only, not Buy/Sell advice.
