In the last Nifty intraday technical view post, we discussed. On the hourly chart, Bulls are creating support in the 11530-11490 range. The primary Resistance on the upper side is the same at 11765 levels. But before that level 11655 can also give a tough fight to Nifty bulls.
Yesterday Nifty opened flat, and soon Bulls took charge. Index gets the momentum once started trading above 11615 levels,
Now Bulls are looking a bit in control, and we can expect the further rise towards 11710/11770 levels.
Nifty Intraday Technical View
On the hourly chart, Nifty bulls can face Resistance in 11710-11735 range.
We can see dip also from there, which can be an excellent buying opportunity too. For now, the support is in the range of 11530-11520.
Nifty Intraday Trading Levels for 17 July
Support for today in Intraday is at 11620/11580/11515 & Resistance 11675/11715/11780.
Note: Above mention price projection & other Information are for educational purpose only.
Below 15735-760 zone Nifty Index is weak and can drop more. On the downside, the 15520-499 zone is the important Gann level zone, where Index
Even after a strong weekly close, Nifty & Bank Nifty opened gap down. Both tried to recover, made high near Gann levels, which we discussed