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Nifty 50 Index Trend Analysis & Intraday Trading Levels

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In the last Nifty 50 Index Trend Analysis Post, we discussed.Nifty resistance level is 11220; above that, bulls can gain strength for the move towards 11260/11320/11410 levels. On the lower side; Gann support level is 11150 below that move towards 11110/11050/10960 levels can come.

In Wednesday’s session, Nifty Index opened gap-up. But failed to hold the gains & soon bears dragged the Index below 11150 Gann support level. And below support Nifty did almost 2nd target for the Intraday.

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Nifty 50 Index Trend Analysis & Trading Levels

For today’s Intraday session, Nifty resistance level is 11150; above that, bulls can gain strength for the move towards 11190/11240/11330 levels.

On the lower side; Gann support level is 11090 below that move towards 11060/11010/10920 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 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.