We are pleased to announce the launch of our New website dedicated to WD Gann's work.

Nifty Bank Nifty Trading levels for Weekly Expiry

Published On:

Updated On:

Nifty and Bank Nifty opened the gap down today. Then after consolidation, both indices moved further lower & made the low around 12:50 pm. Then from that low, both indices recovered a bit but still ended in the red.

Until Nifty holds 16500-470, it can scale up towards 16700/16900 levels.

But, if the Nifty breaks & sustains below 16470, it may fall towards 16250 & 15900. And on the higher side, 16700 & 16900 are the major hurdles for the index. 

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 16650 to move towards 16690/16740/16800/16870.

On the lower side, the Gann support level is 16550; below that Index can move towards 16510/16460/16400/16330.

Subscribe & Get YOUR FREE COPY of the Nifty Cycle Dates Report!!

In ten minutes (or less), discover the important weeks & months for the entire year 2022, where markets can make a swing (high or low). Click here to subscribe and get it right away.

bank nifty recovered

Bank Nifty closed 2% lower today, which is 1% lower than the Nifty closing. So that shows Bank Nifty is weaker than Nifty.

To get back in a strong position, Bank Nifty needs to break & sustain above 35600 levels. On the lower side, 35200 & 34900 are the supports.

Bank Nifty Intraday Gann Levels

Bank Nifty bulls need to break & sustain above 35600 to move towards 35800/36050/36350.

On the lower side, the Gann support level is 35250; below that Bank Nifty Index can move towards 35050/34800/34500.

Note: The above levels are for educational purposes only, not Buy/Sell advice.

Ready to look Deeper into WD Gann's Breakthrough work?

Subscribe now and elevate your understanding of WD Gann's techniques through our informative blog posts. Your path to learning begins here!

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.