Nifty Intraday Technical Analysis 05th Feb
As posted in the last analysis: Nifty closed above 10810 level, shows bulls have the upper hand, & we may see the levels of 10880/10938 today, however, today we have the Union Budget Event so that wild swings can happen on either side.
Nifty does both targets above 10810 on Friday Budget day; we are again back in the same zone of resistance where 11000 price level, will act as resistance on a weekly basis.
10970-11020 will be the critical zone to look for on day to day basis above that,11085 / 11190 level can be seen & Bears have there chance only below 10792.
Critical Support for today in Intraday is at 10880 /10840/10780 & Resistance is at 10935 /10985 /11060.
Note: Above mention price projection & other Information are for educational purpose only.