Bank Nifty Weekly View 27th Mar – 31st Mar

26 March 2017

Last Updated: 16 January 2021

Last week as expected Bank Nifty moved down as per Elliot wave number , sell was initiated below 21020 on tuesday which made low of 20753.90 , did almost 2nd target as per weekly trading levels..

28th & 31st March is 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 21300

Bank Nifty Weekly Trading Levels

Buy Above 21350

Target – 21480 / 21650 / 21900

Sell Below 21040

Target – 20900 / 20730 / 20500

. Kindly note above mention levels are for Bank Nifty cash.

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

NOTE : THESE ARE MY PERSONAL TRADING VIEWS , BEFORE TAKING TRADE KINDLY CONSULT YOUR TRADING ADVISER & KINDLY SEE DISCLAIMER

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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