The Nifty can do with the benefit despite the 50 weekly instability; All eyes reversal warning on June 2

Date:

The Nifty 50 was wrapped in an unstable week ended May 30 with a 0.4% dip, but the month of May closed on a positive note, with a profit of 1.7%.

Continuous foreign institutional investor (FII) flow was widespread excited. Data suggests that in the first half of May, FIIs focused their purchase in key areas such as automobiles, auto components, telecoms and financials – reflecting strategic tilt towards cyclic and defensive counters.

May 19 – A major date confirmed by price action

In the last three weeks, May 19 was continuously published as a significant date of technology. This week’s market action validated the forecast with significant accuracy.

On May 26 and 27, the Nifty’s intraday highs were definitely compatible with the peak of May 19. Despite multiple efforts, the index failed to sustain the level – this underlines the importance of the resistance area.

In addition, last week’s article 25,083 was flagged as the main resistance level. High for this week? 25,079.20-A close act match. This type of precision adds reliability to both price patterns forecasts and estimates of resistance zones.

Time -based analysis: Unlike five days accurate intraday

Harshubh Shah’s time-forecast predictions once again proved to be a powerful tool for intraday traders. Each day the market was reacted with fantasy configuration on predictable contrast issues:

Mon, May 26: A swing law was reported around 12:20 in the afternoon, matching the time warning.

Tuesday, May 27: Momentum was taken at 9:20 am, and the day was formed exactly 2:30 pm.

Wed, May 28: Bank Nifty matched at 9:25 am, with an estimated time.

Thu, May 29: Nifty and bank Nifty reversed between 11:20 and 12:00 pm.

Venus, May 30: A certain day was formed at 9:30 am, recognizing the forecast.

This frequent confirmation is a strong testament to the effectiveness of time-based analysis in a trade strategy. For those who want to improve their intraday edge, this time zone offers amazing strategic opportunities.

Image (51)Etmarkets.com

Nifty (Spot): Key Layers to Watch

Side Latest Targets:
24,856 → 24,978 → 25,083 → 25,323 → 25,434

Damage supports:
24,677 → 24,535 → 24,450 → 24,360 → 24,140 → 23,820

Bank Nifty (Spot): Key Layers to Watch

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

Damage Level:
55,230 → 54,750 → 54,289 → 53,910 → 51,889

Unlike Warning: June 2, 2025 See

From June 2, traders should warn for potential reversal or attitude recognition in both the Nifty and the Bank Nifty. This date can serve as a springboard for directional trade with favorable risk-pure setups.

Strategy Help:

Use June 2 as a confirmation date – to start fresh positions or manage existing trade – especially if the price is adjusted with the action support/resistance clusters or the above mentioned time windows.

(Author Director, Wealth View Analytics Pvt.

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

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