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.

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.

About the author

Divesh Jotwani is a Full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day in and out markets.