In the last analysis, we discussed. The swing trading view for the Index is still the same; Nifty bears need to trade below 12080 levels to get back into action. On the upper side, 11345-11370 is the index’s next critical Gann resistance range.
After our last post, the Index reached a high of around 12293; from there, we see weakness.
On the upper side, now Nifty bulls must trade above 12310 to move towards 11365/11420 levels.
On the downside, support has now been moved at 12140; below that, we can see a move towards the 12080/11990 range.
Intraday Nifty Trading Levels 24th Dec
Resistance for today in Intraday is at 12300 above the move towards 12330/12380/11460 can be seen.
While today’s support is likely to come at 12210, below, a move towards 12180/12130/12050 can be seen.
Note: The above-mentioned Price projection & other Information are for educational purposes only.
