In the last Nifty Analysis, we discussed. Nifty bulls need to hold 9100, for the bounce-back towards 9230/9400/9650 levels. On keeping below 9100 Index can slide towards 9000/8850 range, and around 8800, it can again found support for a bounce back.
In Tuesday’s session, Index opened the gap up, and after making the low around 9000 levels, it bounced back towards the 9400 range.
But later on, bears get active and dragged the Nifty Index towards 8900 levels before closing.
For today’s session the below Nifty Trading Levels can be used, Index can find support around 8830-8800 range, and on the upper side, 9100 and 9280 will act as resistance.
Nifty Intraday Trading Levels
Resistance for today in Intraday is at 9025 above the move towards 9090/9180/9350 can be seen.
While Support for today is likely to come at 8870 below, that move towards 8805/8715/8550 can be seen.
