Last week, Gann Price Time Squaring’s effect continued, and both Nifty & Bank Nifty climbed higher.
The coming week is crucial for bulls. Again, we may see a new Price Time Squaring point, which can trigger a downside move in the markets.
But that’s only the opinion, NOT the fact. That’s why it’s always better to trade level-to-level.
Nifty Weekly Gann Levels
Next week, 05 & 07 April, are the crucial Nifty Gann dates.
Resistant is at 14999 levels. Above that, Index can move towards 15050/15130/15250.
Support is at 14799 levels. Below that Nifty 50 Index can move towards 14750/14670/14550.
Bank Nifty Weekly Gann Levels
Next week, 05 & 09 April, is the crucial Nifty Bank Gann dates.
Resistant is at 34300 levels; above that Bank Nifty Index can move towards 34500/34800/35500.
Support is at 33700 levels; below that, Nifty Bank can move towards 33500/33200/32500.
Note: The above levels are only for study. Not a Buy/Sell advice.