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Nifty Intraday Trading View 18 July

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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.

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About the Author

Divesh Jotwani is a Full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day in and out markets.