Nifty Intraday Outlook 03 April

Yesterday was just a consolidation day, Bulls are holding the gains tightly & range of 11620-11650 at present in looking good supports for them.

For further up move, Bulls need to Break & Close above 11755 for the move towards 11815/11900/11990. Bears will get active below 11520 for the move towards 11460/11380/11300.

Nifty Intraday Outlook 03 April

Above I've drawn Angle on 15 min chart, which will give us great hints during intraday about the market trend.

I've changed the Scaling of the Angle than yesterday, for making it more precise for following the market.

Critical Support for today in Intraday is at 11700/11650/11550 & Resistance is at 11755/11800/11880.

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

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.