Nifty Bank Nifty Trading Levels for 17-21 Jan Week

Last week, Nifty and Bank Nifty continued to trade higher. The 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 37900-38000 zone. If it breaks and sustains below that zone, it can fall more. On the upside, 38600 & 39200 are the resistance.

Subscribe And Get a FREE COPY of the Report Nifty Weekly & Monthly Cycle Dates for 2022

[mailerlite_form form_id=15]

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.

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.