The volatility was high last week. As a result, the Nifty and Bank Index end the week on a negative trend.
Now bulls will hope for a relief rally near 21st June. As many times near such dates, markets make tops or bottom.
Nifty Index Weekly Gann Levels
Next week, 22 & 25 June, are the Nifty Gann reversal dates.
Resistance is at 15780 levels. Above that, Index can move towards 15850/15940/16060.
Support is at 15600 levels; below that Nifty 50 Index can move towards 15530/15440/15320.
Bank Nifty Index Weekly Levels
Next week, 22 & 25 June, are the Bank Nifty Gann reversal dates.
Resistant is at 34999 levels; above that Bank Nifty Index can move towards 35200/35500/36100.
Support is at 34400 levels; below that, Nifty Bank can move towards 34200/33900/33300.
Note: The above levels are only for study. Not a Buy/Sell advice.