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Nifty Bank Nifty Weekly Trading Setup 26-30 April

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Updated On:

Last week both the Nifty and Bank Nifty Index did the low near Gann levels and showed positive strength on a short-term basis.

The coming week’s setup is crucial from a short-to-medium-term trend perspective. I will try to update more on that setup in my daily analysis.

Nifty Weekly Gann Chart

Nifty Weekly Gann Levels

Next week, 26 & 30 April, are the crucial Nifty Gann dates.

Resistant is at 14420 levels. Above that, Index can move towards 14480/14560/14690.

Support is at 14250 levels; below that Nifty 50 Index can move towards 14190/14110/13980.

Bank Nifty Gann Chart

Bank Nifty Weekly Gann Levels

Next week, 27 & 29 April, is the crucial Nifty Bank Gann dates.

Resistant is at 31850 levels; above that Bank Nifty Index can move towards 32100/32500/33100.

Support is at 31300 levels; below that, Nifty Bank can move towards 31050/30650/29990.

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.