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Nifty Bank Nifty Weekly Trading Strategy 28 June-02 July

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Nifty and Bank Nifty moved higher last week.

Nifty 50 Index is in a strong position. Bulls need to hold 15830 and 15750 levels to keep momentum in their favor.

Next week, 35600 levels will play a major role in the Bank Index trend. A 5-10% up move is possible above that.

Nifty 50 Index Trend Weekly Analysis

Nifty Weekly Gann Levels

Next week, 28 & 30 June, are the Nifty Gann reversal dates.

Resistance is at 15910 levels. Above that, Index can move towards 15960/16020/16099.

Support is at 15750 levels; below that Nifty 50 Index can move towards 15700/15640/15560.

Bank Index Trend Weekly Analysis

Bank Nifty Weekly Gann Levels

Next week, 28 & 30 June, are the Bank Nifty Gann reversal dates.

Resistant is at 35600 levels; above that Bank Nifty Index can move towards 35800/36100/36600.

Support is at 34950 levels; below that, Nifty Bank can move towards 34750/34450/33950.

Note: The above levels are only for study. Not a Buy/Sell advice.

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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.