Nifty Intraday Analysis 07th Mar

As posted in the last analysis: Bulls finally manage to close above 10950, and now possibly we can see the move towards 11055/11130 level. Bears will have there chance only below 10840, for a move towards 10750/10620.

Nifty Intraday

The view is still same Bulls are having full control til trading above 10900 & can take the index towards 11130/11210 levels & Bears will get active below only 10840, for a move towards 10750/10620.

Critical Support for today in Intraday is at 11040 / 10990 / 10930 & Resistance is at 11105 / 11150 / 11220.

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

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.