Nifty Intraday Analysis 29th Jan
As posted in the last analysis: Move towards 10730 / 10690 levels can be seen in this decline, now 10910 will act as resistance followed 10975. Plus, I would like to recall, that we have 11000 level vital weekly resistance, about which I've posted before also in my posts.
In spite of gap-up Bullish opening on Friday, bears pulled the market down on the very same day, & Nifty does our both target of 10690.
10620 will act as immediate support, below which move towards 10560 / 10500 / 10410 levels can come & Bulls need to move & close above 10810, for getting the control back in their hand.
Critical Support for today in intraday is at 10620 /10585/10510 & Resistance is at 10690 /10730/10810.
Note: Above mention price projection & other Information are for educational purpose only.
PS - I've recently posted analysis on Bank Nifty, about a short-term trading perspective, which you can merely read by clicking here or by visiting at our site main page.