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Nifty Intraday Chart View for 14th June

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In the last analysis of the Nifty Intraday Chart View, we discussed. We should keep an eye on the 12055 levels, which will act as Pointer for the next move.

Yesterday, Nifty opened a Gap-up and made the low to around 11817 levels.

Later in the day, Nifty showed a recovery from the lower levels & reached a high of around 11931 levels.

Nifty Intraday 14th June View…

In the range of 11888-11770, Nifty Bulls are creating excellent support.

Overall, over the last couple of days, the Index has been moving in close range. We can expect a great trending move soon.

The Plan is still the same, and we should watch the 12055 Nifty level as Pointer for further upside.

For the lower side, we should watch the 11888 Nifty level on an EOD basis. Below, it moves towards 11780/11660.

Nifty Intraday 14th June View Continues…

Today’s Intraday support is at 11878/11835/11760, and resistance is at 11950/11999/12075.

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

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About The Author

Divesh Jotwani is an active and full-time trader in the Indian markets. He has spent over 20+ years researching and discovering WD Gann's methods and applying them daily in the markets.