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,
Nifty has shown excellent bounce from last week low of 11461. The significance of the level was discussed here.
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.
Nifty Bank Nifty Gann Analysis for 23 July
Today Nifty holds the opening gains and closed near high. But Bank Nifty fell 450 points from its day high and closed 260 points higher.
Weekly Expiry Trade Set up – Nifty Bank Nifty Intraday Levels
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
Trade Set up for Tuesday: Nifty Bank Nifty Intraday Levels
Even after a strong weekly close, Nifty & Bank Nifty opened gap down. Both tried to recover, made high near Gann levels, which we discussed
