Wednesday, June 22

Nifty Levels for 22 June

Nifty Daily Chart
Nifty daily has shown an inside day today and tomorrow should be crucial in term of a good trending day based on previous experiences of a INSIDE DAY
Fall till 5196 was based on trendline support as shown on above chart. 5389 is crucial top formed trade above which can only be respite to Bulls.

Nifty Hourly
 Nifty Hourly chart today was a classical example of Support becoming resistance. As seen from the previous  Charts 5325 was an important swing low and gave good support to market.
Today’s High of Nifty is …
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