As discussed in the Last Analysis: 11767-11800 range can be count as Resistance. Closing above that can show us more new highs in the index.
Yesterday Nifty made the high around 11789 & in intraday only it corrected nearly 70 points. The view is still the same, close above 11767-11800 range is must for further rise.
In the Daily Nifty chart, I’ve drawn an Angular line to show you the Nifty’s present support. From this point, there can be a BOUNCE or a breakdown.
Critical Support for today in Intraday is at 11695/11650/11590 & Resistance is at 11755/11800/11860.
Note: The above-mentioned price projection & other Information are for educational purpose only.
