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Nifty Bank Nifty Weekly Trading Levels 05-09 Oct

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Nifty & Bank Nifty Index ended the trimmed week on a bullish note. The Nifty gains over 3%, and the Bank Index gains near 6% in the last week.

All eyes will be on the Supreme Court moratorium and interest waiver case decision in the coming week.

In Bank Nifty, a couple of critical cycles are pending in the next week. So be ready for huge volatility.

Nifty Weekly Analysis

In the coming week, 05 & 09 Oct are the Important Gann dates.

Nifty Weekly Trading Levels

Next week 11480 will act as Resistance.Above the Gann resistance level market can show an up move towards 11530/11600/11740 levels.

The 11280 will act as support.And below the Gann support level market can show a down move towards 111230/11160/11020 levels.

Bank Nifty Weekly Analysis

In the coming week, 05 & 09 Oct are the Important Gann dates.

Bank Nifty Weekly Trading Levels

Next week 22400 will act as Resistance.Above the Gann resistance level market can show an up move towards 22550/22800/23300 levels.

The 21900 will act as support.And below, the Gann support level market can show a down move towards 21750/21500/20999 levels.

Note: The above-mentioned Price projection & other Information is for educational purpose only.

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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.