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Nifty Bank Nifty Weekly Trading Levels 17-20 Nov

Last Updated: November 16, 2020 By Divesh

In the last week, bulls continue their strong rally. And as expected, an uptrend witnessed a pause in the Wednesday session. 

Now coming two weeks are quite crucial from the time cycle study point of view. 

As a couple of major cycles will reach their point, PROBABLY a change in trend can happen around these time cycle points. 

Nifty Weekly Analysis

In the coming week, 20th November is the crucial Gann dates. 

Nifty Gann Angle Weekly Chart

Next week 12800 will act as Resistant. Above that Gann level, Nifty Index can advance towards 12850/12920/13050 levels. 

The 126700 will serve as support. And below that Gann level, Nifty Index can proceed towards 12620/12550/12420 levels. 

Bank Nifty Weekly Analysis

In the coming week, 20th November is the decisive Gann dates. 

Bank Nifty Gann Angle Chart

Next week 28900 will act as Resistant. Above that, Gann level Nifty Index can advance towards 29050/29300/29800 levels. 

The 28400 will act as aid. And below that Gann level, Nifty Index can shift towards 28250/27999/27500 levels. 

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


Tags

Bank Nifty Weekly Trading Levels, Nifty Gann Time Cycle Analysis


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