Nifty Bank Nifty Weekly Trading Strategy 21-25 June

20 June 2021

Last Updated: 26 July 2021

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 Gann Reversal Dates Weekly Analysis

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 Gann Reversal Dates Weekly Analysis

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.

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.

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