We are pleased to announce the launch of our New website dedicated to WD Gann's work.

Nifty Bank Nifty Analysis for 04th January

Published On:

Updated On:

After opening flat to down today, both indices moved higher today and closed mildly in the green.

The break and hold of the 18250-260 zone tomorrow could determine Nifty’s intraday trend for the day, while support could come from the 18170-200 zone.

The close above 43400 is slightly positive for Bank Nifty, and bulls must now hold the 43200-100 zone to progress towards 43600/900.

slightly positive for Nifty

Nifty Intraday Gann levels

A break & hold above 18260 will help Nifty bulls move towards 18290/18330/18380/18440.

The Gann support level is 18200; below that, the Index can move toward 18170/18130/18080/18020.

slightly positive for Bank Nifty

Bank Nifty Intraday Gann levels

Bank Nifty bulls need to break & sustain above 43650 to move towards 43800/44000/44250.

On the lower side, the Gann support level is 43300; below that Bank Nifty Index can move towards 43150/42950/42700.

Note: The above levels are for educational purposes. Not Buy/Sell advice.

Ready to look Deeper into WD Gann's Breakthrough work?

Subscribe now and elevate your understanding of WD Gann's techniques through our informative blog posts. Your path to learning begins here!

Divesh Jotwani

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.