Hraghuvanshi

BANK NIFTY WEEKLY GANN SQUARE OF 9

NSE:BANKNIFTY   NIFTY BANK
semi annual pivot for bank nifty is 21760 and 60 points up and down will give us 21820 and 21700. this time bank nifty is trying to cross lower level 21700 which can drag banknifty 500-1000 points down with the stoploss of 21820 on closing basis.
if stoploss hits then we can take upside trade in bank nifty with the stoploss of 21700 on closing basis.

last week banknifty crossed upper level of this semi annual pivot and gave us 1400 points.

currently there is also a good opportunity to enter.

and the downside levels are assumed to be 21473 , 21181 and 20891. calculated by our indicator and for upside 22063, 22361, 22662.

credit of this strategy also goes to Mr raju chowksey. whose videos and post inspired me a lot. and i could learn this strategy.

for our wd gann square of 9 indicator conatact +91-9810129437

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