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Nifty Bank Nifty Trading Plan for Weekly Expiry

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Nifty Bank Nifty ends lower today both the indices moved on both sides. First, they opened, gapped up, then moved downwards, then up & in the last session, again moved lower.

Let’s discuss the important levels for tomorrow’s session, which will help us trade.

The 17310-280 is a crucial zone for Nifty. If Nifty breaks & sustains below that zone, it can fall towards 17230/17170/17090 levels. And on the upside, 17430 & 17510 are the resistances.

The 38100 level will play an important role in defining the Bank Nifty Intraday trend. Below 38100, Bank Nifty is weaker, and it can fall towards 37750/37500 levels.

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Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 17360 to move towards 17400/17450/17510/17580.

On the lower side, the Gann support level is 17280; below that Index can move towards 17240/17190/17130/17060.

bank nifty important levels for tomorrow's session

Bank Nifty Intraday Gann Levels

Bank Nifty bulls need to break & sustain above 38100 to move towards 38250/38450/38700.

On the lower side, the Gann support level is 37750; below that Bank Nifty Index can move towards 37600/37400/37150.

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.