In the last analysis, we discussed. 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.
In Tuesday session, Index opened gap up and after hitting the high around Gann Intraday Resistance 9030 level; it started correcting again.
Nifty bears below 8950 became more strong & did almost second target on the sell side.
Now for today’s Intraday session, the Gann support level for Nifty is at 8830, below that we can see the lower side movement, for the target of 8780/8710/8560 levels can come.
On the upper side, 8970 will act as Resistance; above that, bulls can gain strength for the move towards 9020/9090/9240 levels.
Note: The above-mentioned Price projection & other Information is for educational purpose only.
