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Nifty view for 29/06/22

Nifty 50 Index (NSE:NIFTY)  
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NSE:NIFTY   Nifty 50 Index
Support and Resistance Moving Averages Multiple Time Frame Analysis NIFTY BANKNIFTY niftyanalysis niftytrend niftyprediction niftyoutlook niftybank niftytradesetup niftyintradaysetup
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supportandresistance movingaverage mtfa nifty banknifty niftyanalysis niftytrend niftyprediction niftyoutlook niftybank niftytradesetup niftyintradaysetup
Nifty on a daily time frame took resistance from its 20EMA and close just below the level.

The market took support from its hourly 20 ema and travelled to cover the gap.

Nifty remained in an up trend and crossed the resistance levels and closed above them.

Support:- 15850,15780, 15690
Resistance:- 15920, 16020

Wait for the price action near the levels before trading the markets.

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