Last week, Nifty and Bank Nifty both moved higher after breaking above the Gann price cycle level.
Coming 2-3 weeks is important as a couple of Gann time cycles will complete their period from a broader time frame.
I will keep you updated more about those Gann time cycle turns in my other posts during the week.
Nifty weekly analysis
Next week 04 & 06th January, are the important Gann dates.
Next week, 14100 will act as Resistant; above that, Index can advance towards 14150/14220/14350.
Support is at 13960 levels; Below that, Index can move towards 13910/13840/13710.
Bank Nifty Weekly Analysis
Next week 05 & 07th January, are the important Gann dates.
Next week, 31400 will act as Resistant; above that, Index can advance towards 31550/31800/32300.
Support is at the 30900 levels., Below that Bank Index can turn towards 30750/30500/29999.
Note: The above levels are only for study. Not a Buy/Sell advice.
