clementemerson

NIFTY FOR THE DAY 01-JUN-2021

SGX:IN1!   SGX NIFTY 50 INDEX FUTURES
NIFTY
---------------------
MAKING NEW HIGHS DAY BY DAY.
HOPE IT WILL MAKE A NEW HIGH TODAY ALSO.

ANALYSIS
---------------------
15598 IS A GOOD SUPPORT. IF NIFTY GOES TO THIS LEVEL AND TAKE A REVERSAL WE CAN BUY FOR INVISIBLE TARGETS... (NO PROVEN RESISTANCE IS ABOVE)
IF IT BREAKS 15598, IT MAY GO INTO A RANGE BOUND TRADING BETWEEN 15561 AND 15598. TRADE CAUTIOUSLY.
IF IT BREAKS 15561, THEN WE CAN SELL FOR THE TARGETS, 15500, 15433, 15411.

Please like the idea and follow me if you find this useful.
Everyday morning before market opening, I will post nifty levels for the day. Kindly check it out.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.