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Nifty Bank Nifty Trade Plan for 13 Oct Weekly Expiry

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Today both indices opened flat. Then after consolidation, both moved upwards and closed in green with almost 1% gains. 

In tomorrow’s session, the 17140-160 zone will play a crucial role in deciding the Nifty Intraday trend. And on the lower side, the 17050 will act as support.

For Bank Nifty, the 39350-38900 range is crucial. Ethier side break withholding will decide the trend for the day.

nifty trend for the day

Nifty Intraday Gann levels

Nifty bulls need to break & sustain above 17140 to move towards 17170/17210/17260/17320.

On the lower side, the Gann support level is 17050; below that Index can move towards 17020/16980/16930/16870.

Bank Nifty trend for the day

Bank Nifty Intraday Gann levels

Bank Nifty bulls need to break & sustain above 39350 to move towards 39500/39700/39950.

On the lower side, the Gann support level is 39000; below that Bank Nifty Index can move towards 38850/38650/38400.

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.