Nifty Daily Chart

Support and resistance

Support @ 21492 as previous day low
Thriced attemp and cover now closed near low

Resistance @ 21834 as all time high

option chain data support 21500 / 21400 / 21300 / 21000 (weekly expiry)

Trade active:

nifty taken support 21500
now in the box region

need to wait for confirmation either side

but nifty closed above 8 EMA

Trade active:

upside resistance break now hold with 21EMA as support

Trade active:

Surprising Price
yeasterday high 22115 ( means 15th centruty)
today's high 22124 ( valuable date for indian history)

Trade active:

nifty has taken support @ 21550 as 21 EMA
but Bank Nifty has closed below 50 EMA

let's see tomorrow Nifty and BNF reaction

Trade active:

Today again Gap up opening for Nifty
Nifty need to sustain 21553 as 21 EMA

Wait for this week as Result of Axis Bank and ICICI Bank will clear picture

Trade active:

on dated 31st May 2024
Nifty formed inside candle
yesterday high 22705 and low 22417

Crucial level either break out or break down