Bank Nifty Gann analysis for 5th July

Nifty Bank Gann Hourly Analysis:

Banknifty Gann Hourly Chart


Bannifty Spot had broken Gann Resistance line and closed above it.

Bulls need to stay above 31455 for the target of 31752 on a weekly basis.
Bear will try to push towards 31200 below 31455.

Banknifty Daily Candlestick analysis :

Banknifty Daily Candlestick chart

Banknifty has made Inverted Hammer on the daily chart which is a sign of Bulls tired at upper Level.

Bulls need to close above today's High which is 31600 for continuing upward movement otherwise Bear will take the control.


Nifty Bank Spot Intraday for 5th July

Buy above  31554 Target 31653 31752 31860

Sell below  31356 Target 31257 31158 31059 

Nifty50 Spot Intraday for 5th July:

Support: 11898 11853 11808

Resistance:  11943 11988 12033



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