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Nifty Bank Nifty Weekly Expiry Levels 17th June

The last analysis levels worked fine. Soon after opening, Nifty and Bank Nifty turn bearish.

The hook timing method helped to locate the Sell entry point. As a result, Nifty fell over 100, and Bank Nifty fell 300 points. 

That is the power of natural timing methods. They reward well worth the effort.

Nifty Intraday Hook Timing Method Chart
Bank Nifty Intraday Hook Timing Method Chart

By holding 15750 levels, Nifty bulls can bounce back. And bulls will get more strength above the 15840-850 Gann resistance zone.

Bank Index closed near the 35100-34990 support range. To gain strength back, Index needs to trade above the 35150 levels.

Nifty bulls can bounce back

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 15800 to move towards 15830/15880/15950 levels.

On the lower side, the Gann support level is 15730; below that Index can move towards 15700/15650/15580.

Bank Nifty bulls can bounce back

Bank Nifty Intraday Gann Levels

Bank Nifty bulls need to break & sustain above 35150 to move towards 35300/35500/35800.

On the lower side, the Gann support level is 34800 below that Bank Nifty Index can move towards 34650/34450/34150 levels.

Note: The above levels are for educational purposes only, not Buy/Sell advice.