Nifty 50, follow the bank Nifty forecast path; May 19 is the key turning point

The Nifty 50 index remained unstable and closed the week ended on May 23, 2025, with a loss of 0.6%weekly.

In our previous week’s point of view, we published on May 19 as a very significant date for the market speed – and the market action was not disappointed.

Bank Nifty formed a summit on that date, registering an intraday of 55,695.55, which is similar to our published resistance area at about 55,696.

From there, it quickly reversed and rejected our identified support level at 54,750, eventually at 54,756, which confirmed our forecast with high accuracy.

Similarly, the Nifty tested our key resistance level at 25,083, which on May 19 reached the high -level high of 25,063 – which is only shy of the estimated zone.

Living events

      After this, a significant improvement of about 600 points was made, as the index slid to our next support zone 24,450, which was also shared in an earlier point of view.

      Dow Jones also built a swing top on May 19, followed by a huge fall – which gained more recognition of our timing model.

      Moreover, our intraday time windows are significantly well organized with market activities during the week.

      On Monday, May 19, the day was formed at 10:10 am, exactly what we made. On Tuesday, a strong velocity began to be near 1: 20 in the afternoon and lasted until about 2:40pm, once again corresponding to our forecast.

      Wednesday, May 21, 11:35am saw another intense move, while on Thursday, May 22, our forecasting window matched the pressure around 1:25 pm. Finally, on Friday, May 23, the high of the day was founded near 1: 20, according to certain forecasts.

      This accurate intraday gives traders valuable opportunities to earn market rhythm and instability throughout the week.

      The strong configuration between the price level and the time cycle strengthens the importance of combining technical price zones with time -based analysis for strategic market entries.

      Key Intrade Time Slots to Watch (26 May – May 30, 2025)

      Here are high -prospected intraday windows to monitor scaling setups, reactive trade and instability plays:

      Etmarkets.com

      Nifty (spot) – key technical layers

      Side Lattle Resistance Level: 24,978 → 25,083 → 25,323 → 25,435

      Downside Support Level: 24,535 → 24,450 → 24,140 → 23,820

      Bank Nifty (spot) – key technical layers

      Side Ltd Resistance Level: 55,960 → 56,180 → 56,650 → 57,600

      Support Zone: 54,750 → 54,289 → 53,910 → 51,889

      (Author Harsubh Mahesh Shah is the Director, Wealth View Analytics Pvt.

      (Disclaimer: Recommendations, suggestions, opinions, and views given by experts are their own. This does not represent the views of the economic time.)

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