July 24, 2019

In the last Nifty Intraday trading analysis, we discussed. At present Nifty Bears are having the upper hand. The long term charts are also suggesting the same. Nifty Bulls need to move above 11495 for getting some energy to come back. On the lower side, short-term support for Nifty Index is in the 11314-11277 range.

Yesterday Nifty opened on a slightly positive note. The complete session was like consolidation. The index made the low & high close to the levels of Monday only.


Trading Intraday for Nifty

Nifty Short-Term Trading Levels

The short-term trading view and levels are the same. The 11314-277 zone will act short term support for the Nifty Index. Bears need to trade below it for further 100-150 points free fall.

On the upper side, short term Resistance for Nifty is at 11495, and Bulls need to trade above it for getting some strength back.

Nifty Intraday Trading Levels for 24 July

Support for today in Intraday is at 11295/11270/11190 & Resistance is at 11360/11385/11465.

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

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