In the last Nifty Analysis, we discussed. Nifty bulls have to break & close above 11090. On the downside, Index has multiple support in 10920-10886 range.
After our last post-Nifty made the low around 10948 on Friday and bounced towards 11084 levels, however, Index failed to break our resistance level of 11090.
In the result of it on Monday, Nifty opened on the lower side and continues to trade lower on the weaker note for the whole session.
Now moving ahead Nifty bulls needs to 11090 for continuing its upside movement.
On the lower side, 10950-10938 is the KEY area. If Nifty sustained below that, then we can see fall towards 10885/10820/10740 levels.
Nifty Intraday Trading Levels for 17th Sep
Resistance for today in Intraday is at 11030 above the move towards 11065/11115/11190 can seen.
While Support for today is likely to come at, 10960 below that move towards 10925/10875/10800 can be seen.
Note: Above mention Price projection & other Information are for educational purpose only.