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Nifty Bank Nifty Weekly Forecast 28 Sep-01 Oct

Published On:

Updated On:

The ice melting move of last week pushes the Index towards one month lower levels. 

Nifty Breaks The Last 11185 Swing Low and ended the week with 454 points loss.

But Friday rally has added some hopes for a rise in the coming week.

Next week all the eyes will be on the Supreme Court moratorium and interest waiver case.

Nifty Weekly Analysis

In the coming week, 29th Sep is the Important Gann date.

Nifty Weekly Trading Levels

Next week, 11110 will act as Resistance.

Above the Gann resistance level market can show an up move towards 11160/11230/11350 levels.

The 10980 will act as support. And below the Gann support level market can show a down move towards 10930/10860/11740 levels.

Bank Nifty Weekly Analysis

In the coming week, 29th Sep is the Important Gann date.

Bank Nifty Weekly Trading Levels

Next week 21120 will act as Resistance.

Above the Gann resistance level market can show an up move towards 21250/21500/21900 levels.

The 20550 will act as support.

And below, the Gann support level market can show a down move towards 20400/20150/19750 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.