In the last Nifty Analysis, we discussed. For further upside, the Bulls need to trade above 11637 to 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, the Index below 11480 reached a low of around 11390, and we reached our 1st target.
The coming few days are significant, according to Gann Time Cycle Analysis. We can see quick up-and-down volatile swings in the market.
Moving ahead, we should strictly watch out for level 11400. If we hold below that, we can see a further decline towards the 11330/11200 levels.
On the upper side, 11555 will act as 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 be seen.
While Support for today is likely to come at 11440, below that, a move towards 11400/11330/11240 can be seen.
Note: The above-mentioned Price projection & other Information are for educational purposes only.
