In the last Nifty Technical Analysis, we discussed. Bulls need to hold above 11870 for further rise. Bears have there chance below 11640 levels only.
Nifty facing Resistance near Previous top
The view is still the same, Nifty Bulls should sustain above 11870 to rise further.
Nifty Bears will get active below 11640 only.
Support for Nifty today in Intraday is at 11675/11605/11510 and Resistance for today in Intraday is at 11760/11850/11965.
Note: Above mention price projection & other Information are for educational purpose only.
Below 15735-760 zone Nifty Index is weak and can drop more. On the downside, the 15520-499 zone is the important Gann level zone, where Index
Even after a strong weekly close, Nifty & Bank Nifty opened gap down. Both tried to recover, made high near Gann levels, which we discussed