In the last Nifty Technical Analysis, we discussed. Bulls have shown a good bounce back of 200 points from the lower levels.
There has been a change in view. The critical hurdle for the Nifty bulls is in the 11889-11914 range. Any close above it will add momentum back to the Bulls.
On Friday, Nifty corrected almost 100 points and closed on the lower side.
Yesterday’s Nifty movement was just like the range-bound move. The index is sustained at lower levels rather than higher levels.
Nifty Technical Analysis for 25th June Continues…
At present, the Nifty Index is trading near the Critical Gann Price-Time support level.
Nifty Bulls should keep an eye on the 11630 Gann Price Time support level. Any close below it will take the Index towards 11450 around levels.
On the upper side, 11914 is the primary hurdle for the Nifty for change in trend.
Nifty Technical Analysis 25th June Trading Levels
Today’s Intraday support is at 11660/11625/11550, and resistance is at 11730/11770/11840.
Note: The above-mentioned price projection & other Information are for educational purposes only.
