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Nifty view for 26/05/22

Índice Nifty 50 (NSE:NIFTY)  
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NSE:NIFTY   Índice Nifty 50
Moving Averages Support and Resistance Multiple Time Frame Analysis BANKNIFTY NIFTY nifty50 niftyanalysis niftytrend niftybank niftyprediction niftyoutlook niftyview
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movingaverage supportandresistance mtfa banknifty nifty nifty50 niftyanalysis niftytrend niftybank niftyprediction niftyoutlook niftyview
Nifty has been taking resistance from its 20 ema on daily time frame.

Market has been constantly taking resistance from 16400 level.

On 15 minute analysis, bearish moving averages divergence is there and market has closed below both the moving averages.

Support :- 16000, 15900
Resistance :- 16210, 16400

The markets has in red for last 3 days.

Wait for the price action near the levels for confirmation and remember its an expiry day.

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