Nifty50, Bank Nifty follow predicted path; May 19 turns out to be key turning point

In our previous week’s outlook, we highlighted May 19 as a highly significant date for market momentum—and the market action did not disappoint.​

Bank Nifty formed a peak on that date, registering an intraday high of 55,695.55, nearly identical to our published resistance zone at 55,696.​

From there, it reversed sharply and declined toward our identified support level at 54,750, eventually bottoming at 54,756, which confirmed our forecast with high accuracy.​

Similarly, the Nifty tested our key resistance level at 25,083, reaching a high of 25,063 on May 19—just shy of the projected zone.​

This was followed by a substantial correction of nearly 600 points, as the index slid toward our next support zone at 24,450, which had also been shared in the prior outlook.​

Even the Dow Jones made a swing top on May 19, after which a heavy fall began—adding further validation to our timing model.​

Moreover, our intraday time windows aligned remarkably well with market movements throughout the week.​

On Monday, May 19, the day’s high was formed around 10:10 AM, exactly as we had projected. On Tuesday, strong momentum began building near 1:20 PM and lasted until about 2:40 PM, once again in line with our forecast.​

Wednesday, May 21, saw another sharp move beginning at 11:35 AM, while on Thursday, May 22, selling pressure eased right around 1:25 PM, matching our projected window. Finally, on Friday, May 23, the day’s high was established near 1:20 PM, precisely as forecasted.​

These accurate intraday timings offered traders valuable opportunities to capitalize on the market’s rhythm and volatility throughout the week.​

The strong alignment between price levels and time cycles reinforces the importance of combining technical price zones with time-based analysis for tactical market entries.​

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

Nifty (Spot) – Key Technical Levels

Upside Resistance Levels: 24,978 → 25,083 → 25,323 → 25,435​

Downside Support Levels: 24,535 → 24,450 → 24,140 → 23,820​

Bank Nifty (Spot) – Key Technical Levels

Upside Resistance Levels: 55,960 → 56,180 → 56,650 → 57,600​

Support Zones: 54,750 → 54,289 → 53,910 → 51,889​

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