March 20

Nifty Intraday Technical Analysis

By Divesh

March 20, 2019

Nifty 50, Nifty Gann Angles, nifty pivot point, Nifty Trading Methods

Nifty Intraday Technical Analysis

As posted in the last analysis: Now at present Nifty is trading near multiple resistance, the most critical range will be 11565-11610. Close above that, can lead a rally of more 150-225 points. Bears need to break & hold below 10400 level for the move towards 11340/11260.

Nifty Intraday Technical Analysis

The view is still the same; Bears need to break & close below 10400 level for a pullback towards 11340/11260/11180.

Till then Bulls have the steady hand, but Bulls also need to be cautious in the range of 11565-11610, which can act as short term resistance.

Critical Support for today in Intraday is at 11490/11450/11380 & Resistance is at 11555 /11590/11660.

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

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