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Nifty Intraday Trading Levels 06 May

In the last analysis, we discussed. Nifty Intraday 9190 level is the support. Below that we can see the lower side movement, for the target of 9130/9040/8900 levels can come. On the upper side, 9360 will act as Resistance; above that, bulls can gain strength for the move towards 9420/9510/9650 levels. 

In Tuesday session, Nifty opened gap up & hit the high around 9450 levels. From there bear dragged the Index towards lower side; before EOD market made the low near 9190 levels.

nifty

Now for today’s Nifty Intraday Trading session, 9180 level is the support. Below that we can see the lower side movement, for the target of 9130/9060/8900 levels can come. 

On the upper side, 9270 will act as Resistance; above that, bulls can gain strength for the move towards 9320/9390/9550 levels. 

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