Nifty Bank Nifty Weekly Trading Levels 01-05 Feb

31 January 2021

Last Updated: 10 February 2021

Last week both the Nifty and Bank Nifty Index continued to move downward.

Next week volatility will flare up more because of the important Budget session—trade light, trade cautious with strict stop loss.

Nifty Weekly Trading Levels

Next week 02 & 05 February, are the crucial Nifty Gann dates.

Resistant is at 13500 levels; above that, the Nifty Index can move towards 13430/13340/13200.

Support is at 13700 levels; below that, the Nifty Index can move towards 13770/13860/14010.

Nifty Bank Weekly Trading Levels

Next week 02 & 05 February, are the crucial Nifty Gann dates.

Resistant is at 30750 levels; above that, the Bank Nifty Index can move towards 30900/31200/31800.

Support is at 30300 levels; below that, the Bank Nifty Index can move towards 30150/29850/29250.

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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