Nifty Continues Range Bound Move
In the Last Nifty Technical Analysis: 11750-11767 is resistance range, close above that will add further upside in the index.
Yesterday again Nifty continues range bound move. Moving ahead, we find that near 11800 Nifty level there is resistance around it.
Overall 11767-11800 Nifty range can count as resistance zone, above which we need close for new highs.
I’ve drawn an Angular line on the daily Nifty chart to show you the Nifty Index’s present support.
There can be a BOUNCE, or breakdown also from this point.
Today’s Intraday support is at 11720/11680/11600, and resistance is at 11780/11815/11880.
Note: The above-mentioned price projection & other Information are for educational purpose only.
