In the Last Nifty Intraday Technical Analysis, we discussed. Bulls need to sustain above 11870 to rise further & Nifty bears will get active below 11640 only.
Yesterday was like a consolidation day before the Nifty Intraday Election Day today Result declaration event.
The view from a short-term perspective is still the same. Bulls need to close above 11870 for further rally. Nifty Bears will have there chance only below 11640 levels.
Note: Above mention price projection & other Information are for educational purpose only.