Nifty open with huge gap up and with All Time High which is 22337 level with almost 807 points which is almost 3.58% up, this rally followed exit polls results.
Nifty has formed Shaven head candle or Hanging Man candle on daily chart.
MACD is bounce back from Signal Line. Nifty has given closing near 23263 level with 733 points up which is 3.25%.
Further levels for nifty can be 23299 will work as resistance level and support will be 23121 level.
Bank Nifty levels Support – 51438 Resistance – 50467
Today’s Advance Decline ratio of NIFTY50 Advance - 43 Decline - 7
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