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Gann Series - Nifty Bank



These levels will of great help for Trade Set Up. They provide good Entry, Exit, SL(Support/Resistance) levels.



3 Digit Gann Series

22500
16900
12100


21800
16300
11600


21100
15700
11100


20400
15100
10600


19700
14500
10100


19000
13900
9600


18300
13300
9100


17600
12700
8600


16900
12100
8100








4 Digit Gann Series
22090
20250
18490
16810
15210
21860
20030
18280
16610
15020
21630
19810
18070
16410
14830
21400
19590
17860
16210
14640
21170
19370
17650
16010
14450
20940
19150
17440
15810
14260
20710
18930
17230
15610
14070
20480
18710
17020
15410
13880
20250
18490
16810
15210
13690







5 Digit Gann Series
19360
18490
17640
16810
15309
19251
18384
17536
16709
15111
19143
18278
17433
16509
14921
19034
18171
17329
16309
14731
18925
18065
17225
16109
14541
18816
17959
17121
15909
14351
18708
17853
17018
15709
14161
18599
17746
16914
15509
13971
18490
17640
16810
15309
13781

Take a look at following chart. On Dec 2, The prices bounced back from level of 18171(18165) and quickly reached 18490(18489) and again reversed sharply. Today, on Dec 5, 18278/18280 level acted as resistance. Once it is broken prices move to 18384 level, paused and again moved up.


On Nov 30, it reversed from level of 18710(18713). All these levels I marked in RED.



So we expect Bank nifty to touch 18710 Tomorrow and if it breaks that level then 18925/930 with some resistance at 18816(marked in BLUE).



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Bank Nifty for Week Starting Jan 16, 2017

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