As discussed last time, “NIFTY opened higher and bulls were able to protect the support zone and did all the upside targets and closed near low of 23 Sep as discussed. Now bull need to move above 11105 to move towards 11157, 11210 & 11263. Bears need to move below 10999 to move towards 10921, 10843 & 10791”
Bull got the entry on level as the low made was 11099 and two targets achieved, now waiting for the third target. Now bulls need to hold 11184-11200 range to continue the rally. Fresh longs to be added above 11210 only for target of 11290, 11343 & 11396. Bears need to pull index below 11157 for target of 10999 which was actually entry point of bears as per yesterday analysis. intermidiate levels will be 11078 & 11025 as per Gann chart.
For 29 Sep 2020
Buy above 11237 for target of 11263, 11290 & 11316
Sell below 11184 for target of 11157, 11131 & 11104
Trade with Discipline & Strict SL