NIFTY BANK INDEX HOURLY GANN ANALYSIS WEEKLY EXPIRY 13 MAR 2024

After the big divergence seen on the index it has outperformedthe main index and recovering lost territory to hit an high of 48155.85 on 06 Mar 2024 at 11 am candle. Thereafter we have again drifted to the downside to hit low at 46884.45 on 13 Mar 2024 at 10 am candle. We saw intraday volatility expected in bear market rallies.Levels to watch are 48110.35, 47584.45, 47233.05, 47058.55, 46532.65, 46006.70 and 45831.70.
The cluster levels to watch intraday for breakout on upside and breakdown on downside are 47233.05 and 47058.55. Use these levels to make profitable trades.
Happy Trading !!!