Nifty Intraday Trading View for 24th May

In the Last Nifty Intraday Trading View Analysis, we discussed.

Nifty Bulls need close above 11870 for further rise & Bears need to move below 11640 levels.

Yesterday Nifty first move above 11870 & made the new lifetime high.

Later on it moved below 11640 also. However, finally Nifty gave close above 11640 price level.

Nifty 50 1 9
Click on Chart to Enlarge

Now after election result event, for Nifty Bull’s view is still the same; they need a close above 11870 price level.

Nifty Bears need close below 11620 for further decline.

Nifty Intraday Trading View for 24th May

Support for today in Intraday is at 11590/11530/11410 & Nifty Resistance is at 11700/11760/11880.

Note: Above mention price projection & other Information are for educational purpose only.