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Nifty Analysis for 25th Sep

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Updated On:

In the last Nifty Analysis, we discussed. For further upside, Nifty bulls need to sustain above 11680 for the possible move towards 11740/11810/11900 levels. Nifty bears will get the chance below 11530 for the move towards 11480/11410/11320 levels.

Yesterday after the flat opening Index whole day traded in the range of 110 points. The low of the day was 11539, near the support level of 11530.

The plan is still the same: Nifty bulls will get more strength only above 11680, and Bears need to move below 11530 for a downside move.

Nifty Intraday Trading Levels for 25th Sep

Today’s Intraday resistance is at 11630; above that, a move towards 11670/11730/11830 can be seen.

While Support for today is likely to come at 11540, below that, a move towards 11500/11440/11340 can be seen.

Note: The above-mentioned Price projection & other Information are for educational purposes only.

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About The Author

Divesh Jotwani is an active and full-time trader in the Indian markets. He has spent over 20+ years researching and discovering WD Gann's methods and applying them daily in the markets.