Nifty Support & Resistance Levels for 14.05.2024

Nifty found support within the 21800 to 21850 zone and staged a commendable recovery, rallying nearly 300 points from the day's low. The nearest resistance levels are anticipated between 22148 and 22187, as well as between 22244 and 22369, with a further resistance zone identified at 22409 to 22589. Meanwhile, the nearest support remains unchanged from the last post, situated at 21770, a significant Fibonacci level at 61.8%.