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

In the last analysis, we discussed. Nifty bulls need to hold 11020-10980 support area for a relief rally. On the upper side, the Gann resistance level is now shifted at 11225 above that we can rise towards 11270/11320/11370 levels.

Yesterday Index opened gap-up. Above 11225 Gann resistance level, Nifty made the high around 11342 levels.


Gann angle chart of nifty

Now bulls need to break & hold above 11365-375 range for the move towards 11420/11490/11580 levels.

On the lower side, Nifty bears will only get the upper hand below 11270-260 range, for the move towards 11210/11120.

Nifty Intraday Trading Levels

Resistance for today in Intraday is at 11360 above the move towards 11390/11430/11510 can be seen.

While Support for today is likely to come at 11280 below, that move towards 11250/11210/11130 can be seen.

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"}
>