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Nifty Intraday Trading View For 15th May

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In the last analysis, we discussed. For today’s Intraday session, 9220 Nifty level is the support. Below that we can see the lower side movement, for the target of 9170/9100/8950 levels can come. On the upper side, 9310 will act as Resistance; above that, bulls can gain strength for the move towards 9360/9430/9580 levels.

In Thursday session Index opened gap down below 9220 Gann support level.

After some consolidation bears dragged the market before the end of the session Nifty made the low around 9119 levels.

Nifty Gann Angle Chart

Now for today’s Intraday session, 9200 will act as Resistance; above that, bulls can gain strength for the move towards 9250/9320/9440 levels.

On the lower side, the Gann support level for Nifty is at 9100, below that we can see the lower side movement, for the target of 9050/8980/8860 levels can come.

Note: The above-mentioned Price projection & other Information is for educational purpose 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.