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Nifty Bank Nifty Gann Analysis & Levels for 14 October

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Today both indices opened down and dropped further. Then around 12:00 pm, both took support from the Gann Square level and jumped higher. But even after that, both closed in the red.

In tomorrow’s session, the 17070-80 zone will play a crucial role in deciding the Nifty Intraday trend. And on the lower side, the 16980 & 16900 will act as support.

For Bank Nifty 38400-150 range is crucial. And on the higher 38700-800 range will act as a resistance. 

the Nifty Intraday

Nifty Intraday Gann levels

Nifty bulls need to break & sustain above 17080 to move towards 17110/17150/17200/17260.

On the lower side, the Gann support level is 16980; below that Index can move towards 16950/16910/16860/16800.

the Bank Nifty Intraday

Bank Nifty Intraday Gann levels

Bank Nifty bulls need to break & sustain above 38750 to move towards 38900/39100/39350.

On the lower side, the Gann support level is 38400; below that Bank Nifty Index can move towards 38250/38050/37800.

Note: The above levels are for educational purposes. 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.