Yesterday, Nifty entered the near-resistance zone mentioned in our last post and closed at 22,597.90 after hitting a high of 22,629.50. The daily trend (50 SMA) remains sideways, but the 75-minute and hourly trends are positive.
Support Levels:
Nearest Support: 22,370 - 22,407
Far Support: 22,060 - 22,142
Resistance Levels:
Nearest Resistance: 22,606 - 22,674 (remains the same)
Far Resistance: 22,755 - 22,795
Support Levels:
Nearest Support: 22,370 - 22,407
Far Support: 22,060 - 22,142
Resistance Levels:
Nearest Resistance: 22,606 - 22,674 (remains the same)
Far Resistance: 22,755 - 22,795
Comment:
New support zone for Nifty in 15m Chart @ 22577 - 22623 (Intraday Only)
