In the Last Analysis Nifty Technical Analysis, we discussed: Bulls need to maintain 11495 levels of closing basis.
Yesterday Nifty opened below our 11495 only & started falling one side hit the low of 11346.
Till we are trading below 11500 Bears are having the upper hand & for Bulls 11290 is the next crucial level as supp.
Critical Support for today in Intraday is at 11335/11280 Resistance is at 11405/11440/11510.
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