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Bank Nifty Pivot Point

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…Bank Nifty Trend through Pivot Point

We are in the year’s second half, and the Bank Nifty Trend is up.

Our analysis found that Bank Nifty has made the short-term Pivot at the 31511 levels.

Bulls must surpass this Pivot Point on the closing basis for further rise.

The Bank Nifty trend is up only at present, but everything needs a break to regain energy for a better entry.

On the lower side, the major Bank Nifty Pivot Point (Support) is located at 30595 levels. Any weekly close can show a drop of 800-1200 points.

The Bank Nifty Bulls also need to keep watch on the 31005 level for this week.

If they keep sustaining below that level, then Bank Nifty can only re-visit 30500 around levels this week.

Trading with Pivot Point is one of the simplest things. There are many ways to Locate Pivot Point.

But what makes us Unique is our long years of research and dedication to Gann’s Price & Time mystery.

We have discovered many of Unique & Gann’s Original trading techniques from his material.

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Divesh Jotwani

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.