Nifty Intraday View 17th Jan

As posted in the last analysis: 10950-10975 zone will be watching area, as over there next we have next important angle plus, that area is also near to the 11000 level which is strong weekly resistance.

Click on the chart to enlarge

Yesterday Nifty made the high exactly on the angle as the same can be seen in the above chart, the view is still same, 10950-10975 is resistance area, followed by 11000 level of weekly resistance.

Critical Support for today in intraday is at 10860 / 10800 & Resistance is at 10949 / 10999 / 11099.

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.