The broader sentiment remained buoyed by continued overseas institutional investor (FII) inflows. Knowledge signifies that within the first half of Might, FIIs targeted their shopping for in key sectors similar to vehicles, auto elements, telecom, and financials — reflecting a strategic tilt towards cyclical and defensively robust counters.
Might 19 — A Pivotal Date Confirmed by Value Motion
Over the previous three weeks, Might 19 was constantly highlighted as a technically vital date. This week’s market motion validated that forecast with exceptional accuracy.
On Might 26 and 27, Nifty’s intraday highs coincided exactly with the Might 19 peak. Regardless of a number of makes an attempt, the index did not maintain above that stage — underlining the significance of this resistance zone.
Moreover, final week’s article had flagged 25,083 as a key resistance stage. The excessive for this week? 25,079.20 — a near-exact match. This sort of precision provides credibility to each value sample forecasting and resistance zone projections.
Time-Primarily based Evaluation: 5 Days of Correct Intraday Reversals
Harshubh Shah’s time-window forecasts as soon as once more proved to be a strong software for intraday merchants. Every day noticed the market reply with uncanny alignment to the projected reversal factors:Mon, Might 26: A swing low was recorded round 12:20 PM, matching the time alert.Tue, Might 27: Momentum picked up at 9:20 AM, and the day low was shaped precisely at 2:30 PM.
Wed, Might 28: Financial institution Nifty bottomed at 9:25 AM, matching the projected time.
Thu, Might 29: Nifty and Financial institution Nifty reversed sharply between 11:20 AM and 12:00 PM.
Fri, Might 30: A exact day excessive was shaped at 9:30 AM, validating the forecast.
These repeated confirmations are a powerful testomony to the efficacy of time-based evaluation in buying and selling methods. For these in search of to refine their intraday edge, these time zones supply compelling tactical alternatives.
ETMarkets.comNifty (Spot): Key Ranges to Watch
Upside Targets:
24,856 → 24,978 → 25,083 → 25,323 → 25,434
Draw back Helps:
24,677 → 24,535 → 24,450 → 24,360 → 24,140 → 23,820
Financial institution Nifty (Spot): Key Ranges to Watch
Upside Ranges:
55,960 → 56,180 → 56,650 → 57,600
Draw back Ranges:
55,230 → 54,750 → 54,289 → 53,910 → 51,889
Reversal Alert: Watch June 2, 2025
Beginning June 2, merchants must be alert for a possible reversal or pattern validation in each Nifty and Financial institution Nifty. This date may function a springboard for directional trades with favorable risk-reward setups.
Technique Tip:
Use June 2 as a affirmation date — whether or not for initiating contemporary positions or managing current trades — particularly if value motion aligns with help/resistance clusters or the time home windows outlined above.
(The writer is Director, Wealthview Analytics Pvt Ltd)
(Disclaimer: Suggestions, recommendations, views, and opinions given by consultants are their very own. These don’t characterize the views of the Financial Instances)
