Nifty Outlook for 27th Sep

In the last Nifty Outlook, we discussed. For further downside, we should keep watch on level 11400. 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 some upside.

Yesterday Nifty opened on positive note and bulls continued to rule for the whole session. Above 11565 it made the high around 11611, near to our 1st upside target.

Now for further upside, Nifty bulls need to trade above 11637 for the move towards 11690/11780.

On the lower side, support is at 11480 below that we can see Nifty fall towards 11420/11340 levels.

Intraday Nifty Outlook / Trading Levels for 27th Sep

Resistance for today in Intraday is at 11619 above the move towards 11655/11710/11800 can seen.

While Support for today is likely to come at, 11540 below that move towards 11500/11440/11350 can be seen.

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.