In the last Nifty Intraday Trend Analysis Post, we discussed. Nifty resistance level is 10740; above that, bulls can gain strength for the move towards 10780/10840/10960 levels. On the lower side; Gann support level is 10670 below that move towards 10710/10650/10530 levels can come.
In Wednesday’s Session, Index opened gap-up. And as the market moves above the 10740 Gann resistance level; Nifty bulls pushed the Index around 10827 levels. Bulls almost did 2nd target on the upside.
Later bears dragged the market from higher levels and once the Index moved below 10670, it did 2nd target on downside.
Nifty Intraday Trend Analysis & Trading Levels
For today’s Intraday session, Nifty resistance level is 10670; above that, bulls can gain strength for the move towards 10700/10750/10840 levels.
On the lower side; Gann support level is 10570 below that move towards 10540/10490/10400 levels can come.
Note: Above mention Price projection & other Information is for educational purpose only.