Nifty Continues Range bound move

In the Last Nifty Technical Analysis, we discussed, Close above 11252 Bulls can rally towards 11350/11420 and Bears must save 11000 on EOD basis.

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Yesterday Nifty close above the 11252 levels so we can expect a positive move for the target of 11350/11420.

Today we have weekly closing; it will be slightly better for Nifty Bulls if they manage to hold 11180 weekly level.

Support for today in Intraday is at 11225/11180/11100 and Nifty Resistance is at 11310/11355/11420.

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.