Nifty Technical Analysis 20th Feb

In the last Nifty Technical analysis, we discussed. Nifty gave the EOD close below our support range of 10700-10670 levels.

Which shows more weakness ahead in coming days & good bounces near resistance can use as selling chance.

Bulls will get active above 10741 for a move towards 10830 / 10910 levels.

Nifty Intraday Analysis 20th Feb

Yesterday Nifty made the high of 10722 failed to cross 10741 & gave up all the intraday gains in the last session of the day.

The view is still the same Bears are having upper hand & can take the Nifty Index towards 10522 /10437/10350 levels.

Nifty Bulls will get active only above 10741 for move towards 10830/10910 levels.

Nifty Support for today in Intraday is at 10600 / 10545 / 10480 &  Resistance is at 10640 / 10700 / 10760.

Note: Above mention price projection & other Information are for educational purpose only.

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.