The change in the mood of the stock markets appeared.
Time cycles did their job. Every year October months are like this only full of surprise.
Nifty Bank moves down from the critical Gann resistance level.
Apart from time cycles, The other crucial timing factors also backed the weakness in Bank Index.
Now the next coming two weeks of months can show more surprising moves. So be careful and trade with proper stop loss.
Nifty Weekly Analysis
In the coming week, 20th October is the Crucial Gann dates.
Next week 11820 will act as Resistant. Above such the Gann level, Nifty Index can move towards 11870/11930/12050 levels.
The 11650 will act as support. And below such Gann level, Nifty can move towards 11600/11540/11420 levels.
Nifty Bank Weekly Analysis
In the coming week, 20 & 23 October are the Crucial Gann dates.
Next week 23900 will act as Resistant. Above such the Gann level, Nifty Index can move towards 24050/24300/24700 levels.The 23350 will act as support. And below such Gann level, Nifty can move towards 23200/22950/22500 levels.
Note: The above-mentioned Price projection & other Information is for educational purpose only.
