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

In the last Nifty Analysis, we discussed: 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.

Nifty continues to trade higher, after taking support from Gann level.

Yesterday Nifty again rallied almost 100 points from Tuesday closing price.

Bulls are now near to challenge their crucial Resistance. The Nifty range of 11895-11920 will be the intermediate hurdle for the ongoing rally.

Nifty Analysis for 27th June Continues...

If Nifty manages to move past this Resistance range, it may test the levels of 12025/12150 on the short term.

On the lower hand, the index earlier(on Tuesday) showed excellent outplay from near to Gann support level.

Now the Gann support level is at 11690, on closing below it index can test 11600/11480 levels.

Nifty Analysis: Trading Levels 27th June

Support for today in Intraday is at 11800/11760/11690 & Resistance is at 11875/11915/11990.

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"}