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Nifty Intraday Chart View for 14th June

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

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

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

Nifty Intraday 14th June View…

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

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

Click on Chart to Enlarge

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

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

Nifty Intraday 14th June View Continues…

Support for today in Intraday is at 11878/11835/11760 & Resistance is at 11950/11999/12075.

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