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In the last analysis, we discussed. 9190 Nifty level is the support. Below that we can see the lower side movement, for the target of 9140/9070/8950 levels can come. On the upper side, 9350 will act as Resistance; above that, we can see bulls gaining strength, for the move towards 9400/9470/9570 levels.

In Tuesday’s session Index opened gap down & after some consolidation Bear again dragged the market towards 8900 levels. 

The discussed Resistance range 9100-9320 rewarded well. The Nifty gave no EOD close above the upper level of range and yesterday finally it cracked.

nifty

The discussed Resistance range 9100-9320 rewarded well. The Nifty gave no EOD close above the upper level of range, and yesterday it crashed.

Now for today’s Intraday session, 8940 Nifty level is the support. Below that we can see the lower side movement, for the target of 8880/8800/8650 levels can come. 

On the upper side, 9070 will act as Resistance; above that, we can see bulls gaining strength, for the move towards 9130/9210/9360 levels. 

Note: Above mention Price projection & other Information is for educational purpose only.

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