Intraday resistance at 11,245 and 11,300   (30 July 2020)

Intraday resistance at 11,245 and 11,300   (30 July 2020)
Resistance 1 : 11,245     Resistance 2 : 11,300
Support 1  :     11,160     Support 2:       11,100


Nifty closed yesterday with a loss of 97 points. .
Market closed nearer to day's lower levels. 
Market yesterday failed to take support at 11,300.
A flat opening is expected.
In any uptrend, intra-day resistance at 11,245.
Market has to trade above this, for a further uptrend.
Then the next major resistance above is at 11,300.
Market has to close above 11,200, for a positive indication.
Nifty in a reaction, then intra-day support below is at 11,160.
In-case of any trading below 11,160, then it indicates a further weakness. 
Then the next major support below is at 11,100.
- Sundar  Raja, Research Analyst