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

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.

Click on Chart to Enlarge

On the Daily Nifty chart, I’ve drawn an Angular line, to show you the present support of Nifty Index. 

There can be BOUNCE, or break down also from this point.

Support for today in Intraday is at 11720/11680/11600 & Resistance is at 11780/11815/11880. 

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

Related Topics


You may also like

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

September 20, 2020

Last week, the undertone of markets was upbeat.But two stocks halt the gains—the Reliance ...

Read More
{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}
>