NIFTY View For 30/05/2024

Manas Jaiswal Research Analyst Image

Yesterday, NIFTY opened on a negative note and fell below 22,800 in early trade. For the rest of the day, it traded within a narrow range of 22,800 to 22,700, finally closing just above the 22,700 mark. If NIFTY starts trading below 22,700, it may test its 20-day Exponential Moving Average (20DEMA), which is positioned near 22,575. On the upside, the range of 22,900 to 23,000 will serve as an important resistance.

Nifty Imp Levels For 30/05/2024

Open 22762
High 22825
Low 22685
Close 22704
S 1 22651
S 2 22598
R 1 22791
R 2 22878

Actionable Ideas On Nifty for 30/05/2024

Action SL TGT
Buy above 22800 22700 23000
Sell below 22675 22751 22525
Show Timings
Manas Jaiswal Technical Research Group