Nifty Analysis for 01st Oct

In the last Nifty Analysis, we discussed. Now for further upside, bulls need to trade above 11637 for the move towards 11690/11780. On the lower side, support is at 11480 below that we can see Nifty fall towards 11420/11340 levels.

After our last post Index below 11480 made the low around 11390, did our 1st target.

The coming few days are significant as per Gann Time Cycle Analysis. We can see quick up-down volatile swings in the market.

Now moving ahead for further decline we should strictly watch out the level 11400. On holding below that, we can see a further decline towards 11330/11200 levels.

On the upper side, 11555 will act critical Resistance above that we can see a move towards 11630/11720.

Nifty Intraday Trading Levels for 01st Oct

Resistance for today in Intraday is at 11515 above the move towards 11555/11625/11715 can seen.

While Support for today is likely to come at, 11440 below that move towards 11400/11330/11240 can be seen.

Note: Above mention Price projection & other Information are for educational purpose only.

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.