We are pleased to announce the launch of our New website dedicated to WD Gann's work.

Nifty Bank Nifty Weekly Analysis for 26-30 September Week

Published On:

Updated On:

Last week both indices closed lower on a weaker note. The Nifty closed 200 and Bank Nifty 1200 points down on a close-to-close basis.

Next week, the 17370-400 zone will play an important role in deciding the Nifty Index trend. And on the downside, a sustainable move below the 17100 will strengthen the bears more. 

For Bank Nifty, the 39400-300 zone will be crucial. A sustainable move below that zone can push Bank Index further lower. And the 39900-40000 zone will act as the resistance on the higher side. 

Nifty Index further lower

Nifty Weekly Gann levels

Next week, 26 & 29 September, are the Gann dates for the Nifty 50 Index.

Resistance: 17400. Above that, the Nifty can trade higher and reach 17480/17580/17700/17840 levels.

Support: 17190. Below that, the Nifty can move lower towards 17110/17010/16890/16750 levels.

Bank Nifty Index further lower

Bank Nifty Weekly Gann levels

Next week, 26 & 29 September, are the Bank Nifty Gann dates.

Resistance: 40000. Above that, the Bank Nifty Weekly trend can change, and it can start moving towards 40200/40500/40900/41400 levels.

Support: 39300. Below that level, Bank Nifty can move lower towards 39100/38800/38400/37900.

Note: The above levels are only for study. Not Buy/Sell advice.

Ready to look Deeper into WD Gann's Breakthrough work?

Subscribe now and elevate your understanding of WD Gann's techniques through our informative blog posts. Your path to learning begins here!

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.