Subscribe and Get Our ‘Special Market Analysis Reports’ In Your Inbox.

In the last Nifty Analysis, we discussed. Nifty bulls traded above 11036 but failed to give EOD close above it. For further upside, we need close above 11036 levels. On the lower side, Nifty Bears need to trade below 10900 for the move towards 10850/10790/10720.

On Friday, Nifty took the support from near to 10900 and has bounced almost 250 points.

Yesterday Index opened on positive not but in the last Nifty bears drag the market and almost all the day gain wiped out.

Now moving forward Nifty bulls need to break & sustain above 11185 for further rise.

On the lower end strong support is still at 10900 levels only. So, below that only we can again see some inexorable slide.

Nifty Intraday Trading Levels for 20th Aug

Resistance for today in Intraday is at 11090 above the move towards 11125/11175/11245 can seen.

While Support for today is likely to come at, 11000 below that move towards 10965/10915/10845 can be seen.

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

Related Topics

You may also like

September 29, 2020

After 1000 points, correction bulls got the support near august month low.But the road ...

Read More

September 27, 2020

The ice melting move of last week pushes the Index towards one month lower ...

Read More

September 22, 2020

The volatility stands high. During such times you should remain extra cautious before making the ...

Read More

September 21, 2020

Nifty Price Action Holds The Key Now For BullsBears continue the show of last ...

Read More
{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}