BL GURU Publishes Weekly Forecasts for the Nifty and Nifty Bank for October 12–16

BL GURU publishes forecasts for the Nifty and Nifty Bank for the week of October 12–16: The Nifty could rebound over the coming weeks as long as it holds the key support level of 21,800; a break above the 22,800–23,000 resistance zone could take it to 24,000. The Nifty Bank faces resistance at 55,600, and a break above that level could take it to 57,000–57,500. Key support is at 53,800.