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Intraday Nifty Outlook and Trend 08th July

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In the last analysis, Nifty Intraday Trend Outlook Analysis, we discussed. Resistance level is 10830; above that, bulls can gain strength for the move towards 10880/10940/11060 levels. On the lower side; Gann support level is 10725 below that move towards 10680/10620/10500 levels can come. 

In Tuesday’s session, Index opened gap-up. But failed to hold the gains and soon Nifty bears pulled the market towards lower side; below 10725 Gann support level, almost 1st target get done.

Nifty Intraday Trend Outlook & Levels

For today’s Intraday session, Nifty resistance level is 10840; above that, bulls can gain strength for the move towards 10880/10930/11050 levels. 

On the lower side; Gann support level is 10750 below that move towards 10710/10650/10530 levels can come. 

Note: The above-mentioned Price projection & other Information is for educational purpose only.

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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.