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

Nifty Technical Outlook for 26 July

Published On:

Updated On:

We discussed the last Nifty Technical View Analysis. Until we are trading below the 11290-11310 range, bears have the upper hand. We can see the 11184/11140 levels until we are trading below the range mentioned above. The significant support for Nifty is now at 11140; we may see some bounce coming from near it.

Yesterday was the expiry day, so volatility for day traders was at its best. The index moved both ways, first up towards 11361 and then down towards 11239.

Nifty Technical for Short-Term View

The short-term resistance for Nifty has now shifted to 11365 levels. Above that, we can expect a sustainable bounce from the bulls.

Short-term support is at 11210-11200 area, below that we can see the move towards 11140 levels.

If the Bulls manage to hold 11200 weekly today, then they can show some good bounces next week.

Today’s Intraday support is at 11240/11210/11135, and resistance is at 11290/11320/11400.

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.