Nifty Bank Nifty Intraday Chart

Weakness in both the Indexes Nifty & Bank Nifty in intraday for today’s market was detected well early by our new “Kinship Principle” trading method, and same was well-obeyed by the market. Our profit & successful trades are hiding in the plain sight of these market moves; one only needs to know what moves prices.

Nifty & Bank Nifty Intraday Chart
Nifty & Bank Nifty Intraday Chart

At present Nifty is range bound with Higher High and Higher Low formation, 11010 will act as intermediate resistance, and support is at 10700 / 10550.Bank Nifty has shown good recovery from the lows and still looking in strong position 27900 / 28200 are the intermediate resistance, and 26840-26900 will act as support.

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

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.