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Nifty Rise from multiple Support Area

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Nifty Rise from Support Area

In the Last Nifty Technical Analysis, we discussed. The Nifty Index is approaching the critical 11000-11050 range. In that area, we can see Nifty taking Support for at least a short-term rise.

Yesterday Nifty made a low of 11108 & took Support from there & showed a rise of almost 200 points.

Moving forward, Nifty Bulls needs to close above 11252 for the move towards 11350/11420.

Nifty Bears must move below the 11000-11050 range for further downside.

Nifty Technical Analysis Trading Levels

Today, intraday Nifty support is at 11200/11165/11100, and Nifty Resistance is at 11260/11295/11370.

Note: The above-mentioned price projection & other Information are for educational purposes 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.