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.
