Bank Nifty Weekly Analysis for 16-20 Sep Week

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.
Last week Bank Nifty bears get whipsaw below 27025. Afterward, Bulls got active and did our all the three weekly targets.
The Bank Index ended the week with 850 points gain. In the coming week, Bank Index will be approaching the Fixed Time Cycle period.
On the Daily Chart after breaking the Gann Angle Resistance line bulls moved higher.
Additionally, in previous week analysis, I also discussed the importance of 27455-27510 zone. Once the Bank Nifty gets close above that Bulls receives the strength and moved on the upside.
The Gann Timing Tools set our profit journey above the 27455-27510 range.
Now in the coming week Bulls are in a strong position. However, ahead there are multiple Resistance’s which Bank Index has to pass for maintaining bullish tone.
The primary Resistance for Bank Nifty is at the level of 28555. In the coming week, Bank Index bulls need to close above that for maintaining short to the medium-term upside.
In the forthcoming week, 17 & 20 September is the critical dates.
Bank Nifty Weekly Trading Levels
Next week 28200 will act as Resistance above which move towards 28325/28500/28900 can seen.
While Support is likely to come at, 27750 below that move towards 27625/27450/27050 can be seen.
Note: Above mention Price projection & other Information are for educational purpose only.
Trading Psychology
Trading Psychology
Trading Psychology
Trading Psychology
Trading Psychology, Successful Trading Strategies
Trading Psychology
Trading Psychology
Trading Psychology
Trading Psychology
Many people (trainers) don't even ask for reviews once they sell the stuff (course). You are a great person!"
– R.Mohan
(Gann Trade Secrets Course Student)
There are many courses available for learning the Gann methods. But after trying a few courses, I discovered they only teach what I can learn from Google and YouTube for free.
That’s why I was not sure if I should invest in Divesh’s TREND SQUARE course.
But after joining the TREND SQUARE course, I learned one of Gann’s secret methods that only a few traders knew and that is not available anywhere on the Internet.
In today’s world, where trainers claim all sorts of things, it’s nice to deal with someone who speaks the truth.
– Kamal Rajora
(Trend Square Course Student)
I appreciate the hard work and time you have spent creating the course.
– K.S
(Kinship Trading Principle Course Student)
Before joining the Kinship course, I had many terrible experiences with different trainers. I was using 5 trading indicators because trainers taught me that.
But when you gave me your course details and cleared each of my doubts about the course with confidence. That made me think and trust you to join the course.
Since then, I’m only using the Kinship method for trading, and in the past 6 months, it has helped me gain back the fees I spent on your course. Plus, I’d also made some additional profits on the cash stocks! I will reach out soon to join other courses. Thank you.
– Khushi Mehta
(Kinship Trading Principle Course Student)
I'm sitting on an almost 30% gain in a Bank stock. It was like a magical trade. I've never gained such huge profits in one single trade.
– ARUN
(Point-to-Point trading Method Course Student)
Copyright © 2016-2022 Divesh's Technical Analysis. All Rights Reserved