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Nifty hits two months low

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Updated On:

We discussed the Last Nifty Intraday Analysis. Bears have the upper hand, and for Bulls, 11290 is the next support.

The index continues to make lower lows daily. Yesterday, the Nifty hit a two-month low at 11255.

In intraday, Index got the support at 11290 & gave the bounce of 60 points.

After Nifty hit a month low, at EOD, it gave the closing above the 11290 support level.

Today, we have a weekly closing, so it will be good for Nifty Bulls if they manage to hold the 11290 support level and regain some momentum.

Nifty Analysis for Intraday

Support for today in Intraday is at 11285/11245, and Nifty Resistance is at  11345/11400.

Note: The above-mentioned price projection & other Information are for educational purposes only.

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About The Author

Divesh Jotwani is an active and full-time trader in the Indian markets. He has spent over 20+ years researching and discovering WD Gann's methods and applying them daily in the markets.