Nifty Rise from multiple Support Area

In the Last Analysis we discussed, Nifty is approaching critical 11000-11050 range. In that area, we can see Nifty taking Support for at least short term rise.

Yesterday Nifty made low 11108 & took Support from there & shown the rise of almost 200 points.

Click on Chart to Enlarge

Now moving forward, Bulls need close above 11252 for the move towards 11350/11420. Bears need to move below the 11000-11050 range for further downside.

Critical Support for today in Intraday is at 11200/11165/11100 Resistance is at 11260/11295/11370.

Note: Above mention price projection & other Information are for educational purpose only.