NIFTY || 27th May 2022 || Falcon Trader || Daily Analysis

NIFTY 50, BOUNCED OFF from the levels as mentioned on the post related to 26th May 2022. We are seeing some bullish momentum to break 16400 levels. Once this level is taken we can even test 16600 levels.

After this is over, we will again fall down to make new lows.

Next levels to watch,

* Break of 16200 levels
* Break and test of 16400 levels

Downside?
Only if US markets are down we will see some low levels but for 27th May 2022 we are headed upwards