Nifty Bank Nifty Weekly Trading Strategy 10-14 May

9 May 2021

Last Updated: 26 July 2021

Last week on Monday, after hitting a low around the Gann level Nifty and Bank Nifty traded higher for the rest of the week.

The closing on Friday is in a strong zone, and both Indices can hit higher levels next week.

Nifty Weekly Gann Levels

Next week, 10 & 14 May, are the crucial Nifty Gann dates.

Resistance is at 14980 levels. Above that, Index can move towards 15050/15130/15220/15350.

Support is at 14800 levels; below that Nifty 50 Index can move towards 14730/14650/14560/14430.

Bank Nifty Weekly Gann Levels

Next week, 10 & 14 May, is the crucial Bank Nifty Gann dates.

Resistance is at 33100 levels; above that Bank Nifty Index can move towards 33400/33800/34400/35100.

Support is at 32700 levels; below that, Nifty Bank can move towards 32400/31999/31400/30700.

Note: The above levels are only for study. Not a Buy/Sell advice.

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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