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 Nifty opened on a weaker note. But in Intraday as soon it reaches near the Gann Price Support 11630 level.
Nifty Bulls gets the energy from near to Gann Price Support area. From there in 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 bulls successful surpass this Gann Resistance hurdle on EOD basis. Then we can see the rise of another 200-300 points in the Nifty.
Nifty Technical Analysis 26th June Trading Levels
Support for today in Intraday is at 11740/11695/11630 & Resistance is at 11825/11870/11935.
Note: Above mention price projection & other Information are for educational purpose only.
After 1000 points, correction bulls got the support near august month low. But the road ahead for bulls stands still hard. There are a few critical