NIFTY 50 INDEX GANN ANALYSIS FOR MONTHLY EXPIRY 30 MAY 2024

Nifty 50 Index made an ATH at 23110.80 on 23 May 2024 at 11:45 candle. Thereafter it saw profit booking after hitting the psychological figure of 23000. We retraced to an important level of 22857 as seen on charts. Next day we opened gap up but missed the 23000 figure by1/2 points and closed near 22888 levels. We saw further gap down opening on 29 May 2024 where we opened below the level of 22857 and continued downwards during the day. Important level to watch is 22683.
For tomorrow expiry range to watch is 22741 and 22625. Beyond which we may see extension on either side to 22741 and 22567. Further expansion if seen could take us to next range of 22799 and 22451. Make use of the levels and make some decent profits for self. Also spread the word.
Happy Trading !!!