Nifty May 2023 Monthly levels

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Monthly Open 18050.25

Buy Above 18177.31

Buy Targets 18386.43 18594.41 18762.50 18930.59 19169.90 19315.20 19810.93 20355.09

Sell Below 17923.19

Sell Targets 17714.07 17506.09 17338.00 17169.91 16930.60 16785.30 16289.57 15745.41

Nifty response to April Monthly levels
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Very good chance of 18594 by end of month
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March Monthly Level response
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Mid = (18177+18386)/2 ie Mid point of Buy above and Buy Tgt1

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Trades using Monthy Levels in May 2023 1 to 19th May

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Trade May 22 to May 24

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niftytrendTrend Analysis

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