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Nifty Bank Nifty Weekly Gann Trading Levels 09-13 Nov

Last Updated: November 13, 2020 By Divesh

The indices rallied last week, favored by a surge in banking stocks. A Clear sign a big upside was already present before.

The big trading moves often hint quite before. And one who grasps their signs take the benefit.

Next week, the uptrend can witness a pause.

As many fixed & small time cycles (Daily time frame) complete their time. So big moves with high volatility can again happen.

Nifty Weekly Chart

Nifty Weekly Analysis

In the coming week, 09 & 13 November are the critical Gann dates.

Next week 12300 will act as Resistant. Above such, the Gann level Nifty Index can move towards 12350/12420/12560 levels.

The 12150 will act as support. And below such Gann level, Nifty can move towards 12100/12030/11890 levels.

Bank Nifty Weekly Chart

Bank Nifty Weekly Analysis

In the coming week, 09 & 13 November are the critical Gann dates.

Next week 26950 will act as Resistant. Above such, the Gann level Nifty Bank Index can move towards 27100/27350/27800 levels.

The 26400 will act as support. And below such Gann level, Nifty Bank can move towards 26250/25999/25550 levels.

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


Tags

Bank Nifty Gann Time Cycle Analysis, Bank Nifty Weekly Trading Levels, Nifty Gann Time Cycle Analysis


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