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Nifty Intraday Analysis for 24th April

Published On:

Updated On:

As discussed in the Last Analysis: Bulls need to close above 11750 levels & Bears now need to trade & close below 11543 for further downside. The view is still the same; yesterday was choppy kind of trading day.

For the upcoming session, critical Resistance is at 11640 above that can show us further move towards 11675/11730 & Support is at 11570 below that move towards 11535/11460/ levels can be seen.

Above I’ve plotted Angle line on Nifty 15 min time frame, which acts as good trend pointer for coming sessions.Yesterday, It gave vital information & kept us on the right side of the trend.

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

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About The Author

Divesh Jotwani is an active and full-time trader in the Indian markets. He has spent over 20+ years researching and discovering WD Gann's methods and applying them daily in the markets.