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Nifty Bank Nifty Trade Plan for Weekly Expiry

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Nifty and Bank Nifty today opened gap down and ended the session in the red.

For further upside, Nifty bulls need to break & hold above the 18110 levels. On the downside, 17980-940 is the support zone.

Bank Nifty bulls need to break & hold above the 39300-350 zone to move upside and come back in the positive trend. On the downside, the 38900-850 zone is the support.

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 18060 to move towards 18090/18130/18180/18240.

On the lower side, the Gann support level is 17980; below that Index can move towards 17950/17910/17860/17800.

Bank Nifty Intraday Levels

Bank Nifty bulls need to break & sustain above 39300 to move towards 39450/39650/39900.

On the lower side, the Gann support level is 38990; below that Bank Nifty Index can move towards 38850/38650/38400.

Note: The above levels are for educational purposes only, not Buy/Sell advice.

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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.