We are pleased to announce the launch of our New website dedicated to WD Gann's work.

Nifty Technical Outlook for 11th July

Published On:

Updated On:

We discussed the last Nifty Technical Outlook Analysis. As long as we hold 11461 levels, we can see a bounce back of more than 100-150 points. The importance of level 11461 increases because, as per the Nifty weekly chart, Prices have reached the general bounce-back area.

Yesterday, the Nifty opened flat. After hitting the day high, the Bears dragged the Index towards the low of Tuesday. There, the Nifty spent almost half of its day.

The view is still the same: until Nifty holds 11461 levels, we can see a bounce back. We already discussed the weight of level 11461 in our last post.

Nifty Technical Outlook for Intraday

The level to watch for the Bears today in Intraday will be 11450; below it, we can see the Bears gaining momentum.

The Key level to watch for Bulls in Intraday is at 11573. Above that, we can see bulls getting strength.

Nifty Technical Trading Levels for 11th July

Today’s Intraday support is at 11470/11440/11360, and resistance is at 11528/11560/11640.

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

Ready to look Deeper into WD Gann's Breakthrough work?

Subscribe now and elevate your understanding of WD Gann's techniques through our informative blog posts. Your path to learning begins here!

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.