Subscribe and Get Our ‘Special Market Analysis Reports’ In Your Inbox.

In the last Nifty Intraday Chart Analysis, we discussed. In the range of 11888-11770 Nifty Bulls are creating excellent support. We should watch 11888 Nifty levels on EOD basis. Below it moves towards 11780/11660 can come.

On Friday Nifty gave the close below 11888 support level, and it was good Sign of further fall.

On Monday, Nifty continues it’s fall and made the low around 11657 levels. 

The fall below 11888 levels did our both the targets.

Nifty Intraday Chart View for 18th June

At present Bears are having an advantage. Bulls need a close above 11840 to regain some energy back.

On the lower side, 11570-11530 range is crucial for Nifty bulls. 

We can use the dip near 11530 for initiating long position with proper stop loss.

Nifty Intraday Chart 18th June Trading Levels

Support for today in Intraday is at 11640/11595/11530 & Resistance is at 11710/11755/11835.

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

Related Topics

You may also like

September 27, 2020

The ice melting move of last week pushes the Index towards one month lower ...

Read More

September 22, 2020

The volatility stands high. During such times you should remain extra cautious before making the ...

Read More

September 21, 2020

Nifty Price Action Holds The Key Now For BullsBears continue the show of last ...

Read More

September 20, 2020

Last week, the undertone of markets was upbeat.But two stocks halt the gains—the Reliance ...

Read More
{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}