Nifty Support & Resistance Levels for 16.05.2024

١٦ مايو ٢٠٢٤

Nifty reacted from the 75-minute supply zone highlighted in the previous post, reaching a low of 22151.75 before closing above the 22200 mark. The nearest support zone is identified between 22132 and 22071, with a further support zone extending from 21934 to 21979. On the resistance front, the closest resistance is anticipated between 22409 and 22589.