In the last Nifty Intraday Trading Analysis, we discussed. Bulls are in bit strong side, as the weekly chart is also showing some critical changes in favor of bulls. On the upper side significant hurdle for bulls is at 11160, and on the lower side bears need to move below 10820 for further decline.
On Friday, Nifty opened gap up and continued to trade higher. But it failed to give EOD close above 11160 levels.
Yesterday Index opened on the weaker note and traded lower for the whole session.
In coming sessions, Nifty bulls need to hold 10835-10815 range for a bounce back.
On the other hand, Nifty bears need to protect 11036 levels for continuing this downside rally.
Nifty Intraday Trading Levels for 14th Aug
Resistance for today in Intraday is at 10980 above the move towards 11015/11060/11120 can seen.
While Support for today is likely to come at, 10900 below that move towards 10865/10820/10760 can be seen.
Note: Above mention Price projection & other Information are for educational purpose only.
Nifty Analysis for 20th Aug
In the last Nifty Analysis, we discussed. Nifty bulls traded above 11036 but failed to
Nifty Weekly Analysis for 19-23 Aug Week
Last week below 11030 Gann support level Nifty did our 2nd weekly target. The Index ended
The Slow Speed of Money Flow
More In-depth Insight of Price Trends We had already discussed the flow of money is equal to
