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Nifty Technical Analysis 08 April

As discussed in the last Nifty Technical 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.

Nifty Technical Analysis 08 April

Nifty Technical Analysis 08 April

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.