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Nifty Analysis for 26th June

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Updated On:

In the last Nifty Technical Analysis, we discussed. At present Nifty Index is trading near Critical Gann Price-Time support level. Nifty Bulls should keep an eye on 11630 Gann Price Time support level. Any close below it will take the Index towards 11450 around levels.

Yesterday, the Nifty opened on a weaker note. However, intraday, it reached near the Gann Price Support 11630 level.

The Nifty Bulls get their energy from near the Gann Price Support area. On Intraday, they rallied almost 200 points.

Nifty Technical Analysis for 26th June Continues…

The Nifty bulls have shown high strength from the lower levels. But, now they are approaching to the Gann resistance area of 11895-11920 level.

If the bulls succeed in surpassing this Gann Resistance hurdle on an EOD basis, then we can see a rise of another 200-300 points in the Nifty.

Nifty Technical Analysis 26th June Trading Levels

Today’s Intraday support is at 11740/11695/11630, and resistance is at 11825/11870/11935.

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