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Nifty hits two months low

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Updated On:

In the Last Nifty Intraday Analysis we discussed. Bears have the upper hand & for Bulls 11290 is the next support.

Index continues to make lower low daily. Yesterday Nifty hits two months low 11255 level.

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

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

Click on Chart to Enlarge

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

Nifty Analysis for Intraday

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

Note: Above mention price projection & other Information are for educational purpose only.

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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.