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Nifty Trading Analysis For 27 May

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In the last analysis, we discussed.For today’s Intraday session, Gann Nifty Support level is 9050, below that we can see the lower side movement, for the target of 9000/8930/8800 levels can come. On the upper side, 9130 will act as Resistance; above that, bulls can gain strength for the move towards 9180/9250/9380 levels.

Since Friday session, Index is range-bound. On the upper side, Nifty bulls need to sustain above 9115 for a move towards 9160/9220/9310 levels.

And on lower side bears need to sustain below 8980 for the target of 8920/8860/8770.

Gann Nifty Support level

Nifty Gann Support & Resistance Intraday Levels

Now for today’s Intraday session, on the upper side, 9060 will act as Resistance; above that, bulls can gain strength for the move towards 9110/9180/9300.

On the lower side, Gann Nifty Support level is at 8980, below that we can see the lower side movement, for the target of 8930/8860/8760 levels can come.

Note: The above-mentioned Price projection & other Information is for educational purpose only.

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About The Author

Divesh Jotwani is an active and full-time trader in the Indian markets. He has spent over 20+ years researching and discovering WD Gann's methods and applying them daily in the markets.