Nifty Intraday Trend Analysis

Yesterday holding below the 11650 level, Nifty did our 1st target of 11580, Nifty also breaks the important short-term support on the Daily chart, so bears are having the upper hand.

Nifty Intraday Trend Analysis

For the coming session, immediate Resistance is at 11650-11670 holding above that can show us further move towards 11720/11770 & Support is at 11550 below that move towards 11515/11470 levels. 

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

About the author

Divesh Jotwani is a full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day-in and-out markets.