Nifty view for 09/05/22

Nifty has created a gap an has traded in a range.
It took resisitance from its 20ema on 15 minutes time frame.

Support :- 16200, 15800
Resistance :- 16480, 16620

Market has been trading in a range and has consolidated on previous trading day.

Wait and watch the price action near the levels befote trading the market.