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Bank Nifty Weekly View 17th – 21st April

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Last week on monday Bank Nifty made low 21396.05 near our 21405 TCL from there rewarded with around 400 points to TCL followers , Longs was initiated above 21600 on tuesday which made high of 21787.10 on wednesday did our 1st target as per weekly trading levels , for comming week range of 21800 – 21754 will be very important for market..

 

 

17th & 20th April are Gann date for Bank Nifty , we can expect some volatility or we can see short term top or bottom over there..

 

Bank Nifty Trend Changing Level 21615

 

Bank Nifty Weekly Trading Levels

Buy Above 21800

Target – 21920 / 22050 / 22350

Sell Below 21590

Target – 21470 / 21340 / 21000

 

 

. Kindly note above mention levels are for Bank Nifty cash 

. Always trade with stoploss & book partial profit as 1st target reach or trail stoploss

 

Note: These are my personal trading views , before taking trade kindly consult your trading adviser & kindly see disclaimer 

 

 

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About The Author

Divesh Jotwani is an active and full-time trader in the Indian markets. He has spent over 20+ years researching and discovering WD Gann's methods and applying them daily in the markets.