Subscribe and Get Our ‘Special Market Analysis Reports’ In Your Inbox.

In the last analysis, we discussed. The ‘March Month’ will be the most crucial month for the markets, as many ‘Time Cycles’ will reach their termination points. The volatility we are experiencing in Intraday is just because of these ‘Time Cycles’ only. Now bulls need to break & hold above 11300-310 range for the move towards 11360/11430/11520 levels. On the lower side, Nifty bears will get the upper hand only below 11060-11050 range.

After our last post, Index failed to hold 11310-300 range on the closing basis. As the result of it, Nifty opened lower on Friday below the 11060-11050 Support range. And from there till yesterday we are down almost 750 points.

Now moving ahead, the significant support for Index is at 10260 below that we can see a dip towards 10210/10080 levels.

On the upper side, bulls need to break & hold above 10465-10480 range for the move towards 10540/10620 levels.

Nifty Intraday Trading Levels 

Resistance for today in Intraday is at 10480 above the move towards 10520/10580/10680 can be seen.

While Support for today is likely to come at 10390 below, that move towards 10350/10290/10190 can be seen.

Related Topics

You may also like

The volatility stands high. During such times you should remain extra cautious before making the trade. The chance for lower levels are high. Till Index holds trading below the 11265-11300 range. Warning: ...Read more

Nifty Price Action Holds The Key Now For BullsBears continue the show of last week. And today show their potential.The bears can deliver more as Nifty Index still looking weaker. And ...Read more

Last week, the undertone of markets was upbeat.But two stocks halt the gains—the Reliance Industries (RIL), range-bound move and HDFC Bank lawsuit news.The next week will be crucial for the ...Read more