As posted in the last analysis: Move towards 10730 / 10690 levels can be seen in this decline, now 10910 will act as resistance followed by 10975. Plus, I would like to recall, that we have 11000 level vital weekly resistance, which I’ve posted before also in my posts.
In spite of the gap-up Bullish opening on Friday, bears pulled the market down on the very same day, & Nifty does our both target of 10690.
10620 will act as immediate support, below which move towards 10560 / 10500 / 10410 levels can come & Bulls need to move & close above 10810, forgetting the control back in their hand. Critical Support for today in intraday is at 10620 /10585/10510 & Resistance is at 10690 /10730/10810.
Note: Above mention Price projection & other Information are for educational purposes only.
PS – I’ve recently posted an analysis on Bank Nifty, about a short-term trading perspective, which you can merely read by clicking here or by visiting our site’s main page.
