Nifty Trading Intraday Outlook

Nifty Trading Intraday Outlook

As posted in the Last Analysis: Bears need to break & close below 10400 level for a pullback towards 11340/11260/11180. Till then Bulls have the steady hand, but Bulls also need to be cautious in the range of 11565-11610,which can act as short term resistance.

Nifty Trading Intraday Outlook

The view is still the same; Bulls need to close above the resistance range 10565-10610 for the further upside of 150-225 points & Bears need to break & hold below 10400 level for the move towards 11340/11260/11150.

Critical Support for today in Intraday is at 11500/11460/11410 & Resistance is at 11570 /11605/11660.

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.