Gold Trigger solid upside turn today and set the market tone for today intraday movement, which results in a profit of around 250 points itself today.
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As posted in the last analysis: The view is still same Bulls are having full control till trading above 10900 & can take the index towards 11130/11210 levels & Bears will get active below only 10840, for a move towards 10750/10620.
Bulls are having full control till trading above 10960 & can take the index towards 11130/11210 levels & Bears will get active below only 10900, for a move towards 10840/10750.
Yesterday before closing there was some bearish Nifty sign for today downside, if today continuously trade below 11040 level then there is a strong probability that we may see Nifty below 11000 at least in intraday.
Critical Support for today in Intraday is at 11040 / 10990 / 10930 & Resistance is at 11100 / 11145 / 11220.
Note: Above mention price projection & other Information are for educational purpose only.