We discussed the last Intraday trading view for Nifty analysis. Nifty bulls can face Resistance in the 11710-11735 range. We can also see a dip from there, which can be an excellent buying opportunity. For now, support is in the range of 11530-11520.
Yesterday, the Nifty continued to hold its gains from this week. The index reached a high above 11700 but did not look comfortable staying above it.
Nifty Intraday Trading View
The view is still the same: 11710-11735 is Resistance for now. Above it, we can see a further smooth 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
Today’s Intraday support is at 11660/11630/11560, and resistance is at 11710/11740/11810.
Note: The above-mentioned price projection & other Information are for educational purposes only.
