In the Last Nifty Analysis, we discussed. Bulls are now near to challenge their crucial Resistance. The Gann resistance for Nifty is in the 11895-11920 range. It will be the intermediate hurdle for the on-going rally. On the lower hand, Gann support is at 11690, on closing below it index can test 11600/11480 levels.
Yesterday was a quite volatile day due to expiry. Nifty opened flat and Bulls take charge & made the high around 11911 levels.
From there Nifty bears started there game. They drag the market towards 11821 almost 100 points down.
Nifty Analysis Continues...
Our discussed Gann resistance for Nifty 11895-11920 worked perfectly.
Nifty needs a sustainable move above 11920 levels for continuing this on-going rally. Otherwise, a minor short-term correction could be in place.
On the lower hand support for Nifty is still at 11690, below which index can test 11600/11480 levels.
Nifty Intraday Levels for 28th June
Support for today in Intraday is at 11820/11780/11705 & Resistance is at 11890/11925/11999.
Note: Above mention price projection & other Information are for educational purpose only.
Nifty Breaks The Last 11185 Swing Low
The volatility stands high. During such times you should remain extra cautious before making the trade. The chance for lower levels are high. Till Index holds trading below
Nifty Analysis After Today’s Big Fall
Bears continue the show of last week. And today show their potential. The bears can deliver more as Nifty Index still looking weaker. And more volatile moves
Nifty Bank Nifty Weekly Trading Levels 21-25 Sep
Last week, the undertone of markets was upbeat.But two stocks halt the gains—the Reliance Industries (RIL), range-bound move and HDFC Bank lawsuit news.The next week