NIFTY FINANCIAL INDEX WEEKLY EXPIRY GANN ANALYSIS 14 MAY 2024

May 14

Nifty Financial Index has made low yesterday at 20937.25 on 09:45 am candle on 45 min timeframe of Trading View. Double bottom at 20934.40 on 10:30 am candle. Thereafter we saw recovery in the form of intraday reversal hitting a high of 22288.55 at 14:15 pm candle. Earlier swing high low comes at 21270.70 done on 10 May 09:45 am candle with the swing low made yesterday. Falling this range again will make it sideways. Expansion can be seen above this range. Intraday levels range to watch is 21277 and 21224. Expansion on either side may take it to the range of 21357 and 22143. Major Hurdle on upside at 21390 and on downside at 21107.
Happy Trading !!!