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Nifty Technical Analysis 08 April

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Updated On:

As analysed in the Last Analysis: Nifty break below the short term support & bears have the upper hand. The view was respected well as today again bears strike back & Nifty made the low near 11550 level which we already discussed in the last analysis.

For the coming session, immediate Resistance is at 11650 holding above that can show us further move towards 11690/11770 & Support is at 11550-11530 Range below that move towards 11490/11420 levels can be seen.

Note: Above mention price projection & other Information are 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.