Nifty view for 29/06/22

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.
BANKNIFTYMoving AveragesMultiple Time Frame AnalysisNIFTYniftyanalysisniftybankniftyintradaysetupniftyoutlookniftypredictionniftytradesetupniftytrendSupport and Resistance

Also on:

Related publications

Disclaimer