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Nifty Intraday Chart View for 11th June

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We discussed in the last analysis of the Nifty Intraday Chart View that bears have an advantage. It will be critical to see if the Nifty trades below 11800 levels for further downside.

On Friday Nifty made the low below 11800 but failed to get close below it.

As a result of it, Nifty Bulls took the upside move and hit the level of 11975 yesterday.

The Bears have an advantage until the Nifty is not closing above 12055 levels.

Above 12055, the Bulls can resume their upside journey.

Nifty Intraday Chart View for 11th June

Today’s Intraday support is at 11900/11865/11780, and Nifty Resistance is at 11980/12015/12100.

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