Nifty Bank Nifty Weekly Gann levels 05-09 April

4 April 2021

Last Updated: 26 July 2021

Last week, Gann Price Time Squaring’s effect continued, and both Nifty & Bank Nifty climbed higher.

The coming week is crucial for bulls. Again, we may see a new Gann Price Time Squaring point, which can trigger a downside move in the markets.

But that’s only the opinion, NOT the fact. That’s why it’s always better to trade level-to-level.

Nifty Weekly Gann Levels

Next week, 05 & 07 April, are the crucial Nifty Gann dates.

Resistant is at 14999 levels. Above that, Index can move towards 15050/15130/15250.

Support is at 14799 levels. Below that Nifty 50 Index can move towards 14750/14670/14550.

Bank Nifty Weekly Gann Levels

Next week, 05 & 09 April, is the crucial Nifty Bank Gann dates.

Resistant is at 34300 levels; above that Bank Nifty Index can move towards 34500/34800/35500.

Support is at 33700 levels; below that, Nifty Bank can move towards 33500/33200/32500.

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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