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Nifty Bank Nifty Weekly Trading Plan 14-18 June

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Nifty and BankNifty last week fell like a house of cards. Nifty 50 Index recovered the gains on Friday. But Bank Nifty failed and ended the week flat.

Next week above 15825-860 zone Index will gain more strength. And for sharp upward move Bank Index need to close above the 35500 levels.

Nifty and BankNifty Weekly Levels

Nifty Index Weekly Gann Levels

Next week, 15 & 18 June, are the Nifty Gann reversal dates.

Resistance is at 15860 levels. Above that, Index can move towards 15910/15970/16050.

Support is at 15720 levels; below that Nifty 50 Index can move towards 15670/15610/15530.

Nifty and BankNifty Weekly Levels

Bank Nifty Index Weekly Levels

Next week, 15 & 18 June, are the Bank Nifty Gann reversal dates.

Resistant is at 35500 levels; above that Bank Nifty Index can move towards 35750/36100/36600.

Support is at 34900 levels; below that, Nifty Bank can move towards 34650/34300/33800.

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

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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.