Nifty Support & Resistance Levels for 30.05.2024

Yesterday, Nifty took support at the near support zone mentioned in the last post and bounced in the first 30 minutes. However, it did not sustain and fell, closing 183 points down by the end.

Support Levels:

Nearest Support Zone (Daily): 22,483 - 22,630
Far Support: 22,313 (61.8% FIBO level of the last swing)

Resistance Levels:

Nearest Resistance Zone (30m): 22,858 - 22,895
Far Resistance Zone (30m): 23,047 - 23,111
NIFTYniftylevelsniftypredictionniftytradesetupniftytrendSupply and DemandSupport and ResistanceTrend Analysis

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