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Nifty Trading View for 26th Sep

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In the last Nifty Trading View Analysis, we discussed. The plan is still the same Nifty bulls will get more strength only above 11680 and Bears need to move below 11530 for a downside move.

Yesterday, the Nifty Index opened a gap-down and traded on the weaker side for the whole session. Once it moved below 11530, it made the low around 11416, near our second target.

Further slide can be seen below 11400 for the target towards 11350/11290/11200 levels.

On the upper side, Primary resistance is at level 11680 only. However, for now, that is quite far. So, we can use the intermediate resistance level 11565. Above that, we can see a move towards 11620/11700 levels.

Intraday Nifty Trading View / Levels for 26th Sep

Today’s Intraday resistance is at 11470, above which the move towards 11510/11565/11655 can be seen.

While Support for today is likely to come at 11400, below that, a move towards 11360/11305/11215 can be seen.

Note: The above-mentioned Price projection & other Information are for educational purposes only.

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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.