Nifty Bank Nifty Weekly Gann Levels 08-12 Feb

7 February 2021

Last Updated: 6 May 2021

Last week, Nifty and Bank Nifty bulls squeezed the bears like lemons.

Now next week the situation can change. The shorter-term time cycles can turn the trend in favor of bears. For the short-term at least.

Nifty Weekly Trading Levels

Next week 08 & 011 February, are the crucial Nifty Gann dates.

Resistant is at 14999 level. Above that, Index can move towards 15070/15150/15500.

Support is at 14860 levels; below that, the Nifty 50 Index can move towards 14790/14710/14350.

Nifty Bank Weekly Trading Levels

Next week 08 & 011 February are the crucial Bank Nifty Gann dates.

Resistant is at 35999 levels; above that, the Nifty Bank Index can move towards 36200/36500/37200.

Support is at 35499 levels; below that, the Bank Nifty Index can move towards 35300/35000/34300.

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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