In the Last Analysis we discussed, 11500 Bears have the upper hand & for Bulls 11290 is the next support.
Nifty continues to make lower low daily, Yesterday too Nifty hit the two months low 11255. In intra-day, it got supp at 11290 & gave the bounce of 60 points, & at Eod plus it closes above 11290 support level.
Today we have weekly closing so it will be good for Bulls if they manage to hold 11290 support level, for getting some momentum back.
Critical Support for today in Intraday is at 11285/11245 Resistance is at 11345/11400.
Note: Above mention price projection & other Information are for educational purpose only.