Market Technicals Logo
02 June,2023
 
Market
Technicals
Equity DerivativesCurrency
Derivatives
Market
Trends
Trading with Multiples (TWM)Mutual Fund & Promoter
Activities
Value
Picks
Event
Calendar
SLBSVentura
Research Reports
 

Nifty Daily Chart

On Thursday after keeping open & high almost same at 18579 & 18580 levels respectively, Nifty has made an intraday low of 18464 & closed 46 points down at 18487. 

Oscillators – both Stochastic & RSI are moving in downward direction quoting below average line at 73 & 62 levels respectively. 

Now on lower side Nifty has immediate major support at 18422 level where buying is expected in the market, if it breaks & sustain below it than may slide to 18333 & below that 18193 levels where later one may act as good support level  to go long in the market. 

On upper side 18527 & 18567 will act as immediate resistances & above it next is 18616.













Click here to view Disclosures and Disclaimer