In the Last Analysis, we discussed. Bulls need close above 11767-11800 resistance area. In the past week, we see a couple of times Nifty made the high between this range 11767-11800.
Finally yesterday Nifty opened gap down & made the low around 11571, nearly 200 pts down move from resistance area.
Till we are trading below 11750 Bears are having the upper hand, & Bulls must need to save 11495 levels on eod basis for getting momentum back.
Critical Support for today in Intraday is at 11550/11495 & Resistance is at 11625/11700.
Note: Above mention price projection & other Information are for educational purpose only.
Nifty Short-term Trading View After 1000 Points Fall
After 1000 points, correction bulls got the support near august month low. But the road ahead for bulls stands still hard. There are a few critical
Nifty Bank Nifty Weekly Forecast 28 Sep-01 Oct
The ice melting move of last week pushes the Index towards one month lower levels. Nifty Breaks The Last 11185 Swing Low and ended the week
Nifty Breaks The Last 11185 Swing Low
The volatility stands high. During such times you should remain extra cautious before making the trade. The chance for lower levels are high. Till Nifty 50 Index holds