In the last analysis, we discussed. 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, 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.
After last analysis on Friday, Index opened gap up but bulls failed to hold the gain; And soon bears dragged the market towards the lower levels.
Then on Monday Nifty opened on the flat note. But weakness from last week looms again and bears pushed the market towards 8806 levels from 9158 high.
Now for today’s Intraday session, Gann support level for Nifty is at 8950, below that we can see the lower side movement, for the target of 8900/8830/8700 levels can come.
On the upper side, 9050 will act as Resistance; above that, bulls can gain strength for the move towards 9100/9170/9300 levels.
Note: The above-mentioned Price projection & other Information is for educational purpose only.
