In the last Nifty Technical Outlook Analysis, we discussed. Bulls need to hold 10835-10815 range for a bounce back. On the other hand, bears need to protect 11036 levels for continuing this downside rally.
On Wednesday Nifty Index opened on a positive note and continued to trade higher for the whole session.
Technical Outlook for Nifty Intraday Trading
Nifty bulls traded above 11036 but failed to give EOD close above it. For further upside, we need close above 11036 levels.
On the lower side Nifty Bears need to trade below 10900 for the move towards 10850/10790/10720.
Nifty Intraday Trading Levels for 16th Aug
Resistance for today in Intraday is at 11080 above the move towards 11115/11160/11220 can seen.
While Support for today is likely to come at, 10990 below that move towards 10955/10910/10850 can be seen.
Note: Above mention Price projection & other Information are for educational purpose only.
Nifty Bank Nifty Weekly Trading Levels 18-22 Jan
The Friday decline was the effect of last week’s discussed fixed Gann time cycle points.
Nifty Bank Nifty Weekly Gann Levels 11-15 Jan
Nifty and Bank Nifty continues to move higher last week as well. Nifty 50 Index
Nifty FAIL to Hold Above Gann Levels
Nifty ten days gaining streak pauses near the important Gann level. The present and next
STAY ON TOP!
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