As posted in the last analysis: 10965 will act as resistance above that move towards 11030 / 11100 / 11300 can be seen & 10870 will act as support below which move towards 10810 / 10720 can be seen.
Last week, Nifty made the high of 10987 but failed to give any single EOD close above, our resistance 10965, and on the downside, it breaks & gets close below our support level of 10870, & made the low of 10756.
Next week 29th Jan is the critical date,10863 will act as resistance above that move towards 10925 / 10999 / 11100 can be seen & 10730 will act as support below which move towards 10670 / 10620/ 10500 can be seen.
Note: Above mention Price projection & other Information are for educational purposes only.
