We are pleased to announce the launch of our New website dedicated to WD Gann's work.

Nifty Bank Nifty Trading Levels for 17-21 Jan Week

Published On:

Updated On:

Last week, Nifty and Bank Nifty continued to trade higher. The medium trend is up, but both indices can take a dip in the short term.

Next week, the 18330-350 zone is crucial for the Nifty. If bulls break and hold above that zone, the Index can trade higher in the week. On the downside, 17190 & 17130 are the supports.

The Bank Nifty has crucial support at the 37900-38000 zone. If it breaks and sustains below that zone, it can fall more. On the upside, 38600 & 39200 are the resistance.

Nifty Weekly Gann Levels

Next week, 17 & 19 January, are the Gann dates for the Nifty 50 Index.

Resistance: 18350. Above that, the Nifty 50 Weekly trend can change, and it can start moving towards 18400/18460/18530/18610 levels.

Support: 18190. Below that, the Nifty 50 can start moving lower towards 18140/18080/18010/17930 levels.

Bank Nifty Weekly Gann Levels

Next week, 17 & 19 January, are the Bank Nifty Gann dates.

Resistance: 38650. Above that, the Bank Nifty Weekly trend can change, and it can start moving towards 38850/39150/39550/40050 levels.

Support: 38100. Below that, Bank Nifty can start moving lower towards 37900/37600/37200/36700 levels.

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

Ready to look Deeper into WD Gann's Breakthrough work?

Subscribe now and elevate your understanding of WD Gann's techniques through our informative blog posts. Your path to learning begins here!

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.