Nifty 50 Index
Long
Updated

Nifty short term analysis as per Gann fan

110
Nifty touched 2/1 Gann fan Line and corrected from there 1/1 low Gann fan Line which stands at 4 march 2025. Nifty may find resistance at 2/1 level if it crosses this decisively then will go towards higher level in coming days.
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In the coming days nifty is not going to break 2/1 Gann level on lower side probably it will now never come to 23000 levels on higher side 24242 will act as immediate resistance as 21 days moving average envelope higher band and its median VWAP coincides at 24242 on higher side.

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