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

Nifty Bank Nifty Trade Plan for 06th October Weekly Expiry

Published On:

On Tuesday, Nifty and Bank Nifty opened with more than a 1% gap-up. And during the whole session, both continued to move upward only. And both closed the day with more than 2% gains.

In tomorrow’s session, the 17280-240 zone will play a crucial role tomorrow in deciding the intraday trend of the Nifty. Until the Nifty is above the 17280-240 zone, it can reach 17500/17800 levels. And on the higher side, the 17420 & 17499 are resistances.

For Bank Nifty 39050-38800 range is crucial. And until Bank Nifty is trading above that zone, it can go towards 39600/40100 levels. And on the higher side, 39350 & 39700 are the resistances.

intraday trend of the Nifty

Nifty Intraday Gann levels

Nifty bulls need to break & sustain above 17380 to move towards 17420/17470/17530/17600.

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

intraday trend of the Bank Nifty

Bank Nifty Intraday Gann levels

Bank Nifty bulls need to break & sustain above 39250 to move towards 39400/39600/39850.

On the lower side, the Gann support level is 38900; below that Bank Nifty Index can move towards 38750/38550/38300.

Note: The above levels are for educational purposes. 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.