In the last analysis, we discussed. For today’s Intraday session, Gann support level for Nifty is at 8830, below that we can see the lower side movement, for the target of 8780/8710/8560 levels can come. On the upper side, 8970 will act as Resistance; above that, bulls can gain strength for the move towards 9020/9090/9240 levels.
In Wednesday session, Index opened on the flat note. Once the market started holding above the Gann resistance 8970 level; Nifty bulls pushed the market towards upper levels.
Bulls above 8970 became more strong & did the second target on the buy side.
Now for today’s Intraday session, Gann support level for Nifty is at 9000, below that we can see the lower side movement, for the target of 8950/8880/8750 levels can come.
On the upper side, 9100 will act as Resistance; above that, bulls can gain strength for the move towards 9150/9220/9350 levels.
Note: The above-mentioned Price projection & other Information is for educational purpose only.
