In the last Intraday trading view for Nifty analysis, we discussed. Nifty bulls can face Resistance in 11710-11735 range. We can see dip also from there, which can be an excellent buying opportunity too. For now, the support is in the range of 11530-11520.
Yesterday Nifty continued to hold it’s gains of this week. The index made the high above 11700 but was not looking comfortable to stay above it.
Nifty Intraday Trading View
The view is still the same 11710-11735 is Resistance, for now, above it we can see further smooth up move.
The intermediate support is at 11609 below that we can expect a further decline of 80-120 points.
Nifty Intraday Trading Levels for 18 July
Support for today in Intraday is at 11660/11630/11560 & Resistance is at 11710/11740/11810.
Note: Above mention price projection & other Information are for educational purpose only.
Below 15735-760 zone Nifty Index is weak and can drop more. On the downside, the 15520-499 zone is the important Gann level zone, where Index
Even after a strong weekly close, Nifty & Bank Nifty opened gap down. Both tried to recover, made high near Gann levels, which we discussed