Last week, shorter-term Gann time cycles did their job well.
Both Nifty & Bank Nifty Index slipped from All-time highs (ATH). But overall market behavior was rangy.
Next week Bulls can uplift Indexes again, and we may see the new ATH. But still, the market can stay in range only.
Nifty Weekly Trading Levels
Next week 15 & 18 February, are the crucial Nifty Gann dates.
Resistant is at 15200 levels. Above that, Index can move towards 15260/15340/15500.
Support is at 15060 levels; below that, the Nifty 50 Index can move towards 15000/14920/14760.
Bank Nifty Weekly Trading Levels
Next week 15 & 18 February, are the crucial Bank Nifty Gann dates.
Resistant is at 36400 levels; above that, the Nifty Bank Index can move towards 36600/37000/37600.
Support is at 35900 levels; below that, the Bank Nifty Index can move towards 35700/35300/34700.
Note: The above levels are only for study. Not a Buy/Sell advice.
