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Nifty Bank Nifty Weekly Gann Analysis

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Last week above 11430 Gann Resistance level; bulls did the high of 11686 does almost 3rd target on the upside. The market ended the week with 275 points gain.

In the coming week, 31 Aug & 02 Sep are the Important Gann dates.

Nifty Weekly Trading Levels

Next week 11720 will act as Resistance; above that, 11770/11850/11999 levels can come.

The 11590 will act as Support; below that, 11540/11460/11310 levels can be seen.

Bank Nifty Weekly Analysis

Last week above 22430 Bank Nifty Gann Resistance level; Bank Nifty bulls did the high of 24611 does more 3rd target on the upside. The market ended the week with 2224 points gain.

The big rally of 2000 plus points was trade-able above the 22700 level. I already gave warning about over 1000 points rally in The Bank Nifty Decisive Resistance Range post.

In the coming week, 31 Aug & 02 Sep are the Important Gann dates.

Bank Nifty Weekly Trading Levels

Next week 24700 will act as Resistance; above that, 24830/25080/25400 levels can come.

The 24300 will act as Support; below that, 24170/23920/23600 levels can be seen.

Note: The above-mentioned Price projection & other Information is for educational purpose only.

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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.