Nifty Trading Near Critical Monthly Zone

Nifty Intraday Technical Chart

As posted in the last analysis: Bulls are having full control till trading above 10960 & can take the index towards 11130/11210 levels & Bears will get active below only 10900, for a move towards 10840/10750.

Nifty Trading Near Critical Monthly Zone

Bulls are in strong position & showing good strength; Now we are approaching a significant price range of 11210-11220.

Bull need to hold above this range for a move towards 11290/11360 & Bears need to close below 11050 for the move towards 10960/10840.

Critical Support for today in Intraday is at 11140 / 11095 / 11030 & Resistance is at 11210 / 11255 / 11320.

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.