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Nifty Analysis After Today’s Big Fall

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Nifty Price Action Holds The Key Now For Bulls

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 can happen in the next few sessions.

Below are the critical levels to watch for the next few days. It’s always safer to trade as per levels.

The Nifty Price action around the 11250-170 area holds crucial importance for the bulls.

Holding below the same, the Nifty Index can re-visit 11100/11020/10800 levels.

For a complete turnaround, bulls need to close above 11650 levels, which is looking tough as now.-Divesh.

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.