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Nifty view for 09/05/22

Nifty 50 Index (NSE:NIFTY)  
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NSE:NIFTY   Nifty 50 Index
Support and Resistance Fibonacci Multiple Time Frame Analysis NIFTY BANKNIFTY niftyanalysis niftytrend niftybank niftyprediction niftyoutlook niftytradesetup niftyintradaylevels
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supportandresistance fibonacci mtfa nifty banknifty niftyanalysis niftytrend niftybank niftyprediction niftyoutlook niftytradesetup niftyintradaylevels
Nifty has created a gap an has traded in a range.
It took resisitance from its 20ema on 15 minutes time frame.

Support :- 16200, 15800
Resistance :- 16480, 16620

Market has been trading in a range and has consolidated on previous trading day.

Wait and watch the price action near the levels befote trading the market.

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