Nifty Bank Nifty Weekly Analysis 19-23 April

18 April 2021

Last Updated: 10 May 2021

The coming week is crucial for Bank Nifty as multiple critical Gann time cycles will complete their period.

Nifty Weekly Gann Levels

Next week, 19 & 23 April, are the crucial Nifty Gann dates.

Resistant is at 14710 levels. Above that, Index can move towards 14760/14840/14999.

Support is at 14580 levels. Below that Nifty 50 Index can move towards 14520/14440/14280.

Bank Nifty Weekly Gann Levels

Next week, 19 & 22 April, is the crucial Nifty Bank Gann dates.

Resistant is at 32350 levels; above that Bank Nifty Index can move towards 32550/32750/33350.

Support is at 31900 levels; below that, Nifty Bank can move towards 31700/31400/30800.

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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