Nifty view for 20/05/22

Nifty has closed in red and after a initial gap down it travelled further down closing 400+ in red.

It still seems to close above the near support of 15750

The market slowly and slowly travelled down to 15800.

Support :- 15750, 15680
Resistance :- 15900, 15960

These support and resistance level may not make any sense in this kind of market where there in a huge gap up or gap down prevails.

Still the market are hugely volatile. Wait for the price action near the levels before entering the markets.