May 29, 2020

Nifty Analysis for 29th May

In the last analysis, we discussed. For today’s Intraday session, 9390 will act as Resistance; above that, bulls can gain strength for the move towards 9440/9510/9600 levels. On the lower side Gann support level for Nifty is at 9270, below that we can see the lower side movement, for the target of 9220/9150/9060 levels can come.

In Thursday session, Index opened gap up. Once 9390 gets broke bulls pushed the market towards higher levels. Before EOD, Nifty did two targets on the Buy side.

The positional target 9520 done yesterday; now bulls need to hold 9450 for continuing this rally towards 9580/9700 levels.

Nifty

For today’s Intraday session, 9530 will act as Resistance; above that, bulls can gain strength for the move towards 9570/9630/9730 levels. 

On the lower side; Gann support level for Nifty is at 9450, below that move towards 9410/9350/9250 levels can come. 

Note: Above mention Price projection & other Information is for educational purpose only.

Related Posts

Nifty Bank Nifty Intraday Outlook 07th Aug

RBI Policy: Nifty Bank Nifty Intraday Trading Levels

Nifty Bank Nifty Intraday Gann Analysis

Nifty Bank Nifty Intraday Trading Levels