Nifty - Intraday levels & Prediction for - 21 May 2024
Nifty Prediction for Tomorrow and Current Week:
Trend : BEARISH
Sentiment : Positive
Expectation : Moderately BEARISH
Nifty expected to be in range between 22625 & 22300 support and resistance Level this week respectively.
Tomorrow Nifty likely to Open flat and BEARISH fall might be there as retracement trend up to 22350 level before it moves on the higher side. However the weekly trend is going to be sideways this week so we cant expect trending move until the Election Result.
Look for Buy/Sell at Demand and Supply zone for profitable trades.
Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Trend : BEARISH
Sentiment : Positive
Expectation : Moderately BEARISH
Nifty expected to be in range between 22625 & 22300 support and resistance Level this week respectively.
Tomorrow Nifty likely to Open flat and BEARISH fall might be there as retracement trend up to 22350 level before it moves on the higher side. However the weekly trend is going to be sideways this week so we cant expect trending move until the Election Result.
Look for Buy/Sell at Demand and Supply zone for profitable trades.
Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
