As we approach the crucial date of June 4th, 2024, when the election results are expected, the stock market is exhibiting significant signs of nervousness. This unease among traders is palpable, with mixed views surfacing as the date draws nearer. The S&P CNX Nifty Index Futures, as seen in the latest chart, are hovering around a pivotal support zone between the levels of 22420-22520. This support zone is expected to play a critical role in the short-term market behavior.
The post Hourly Trend Exhaustion in Nifty Futures Ahead of May Expiry and Election Results appeared first on Marketcalls.