clementemerson

NIFTY FOR THE DAY 09-JUN-2021

SGX:IN1!   SGX NIFTY 50 INDEX FUTURES
NIFTY
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NIFTY MADE NEW HIGH ON A DAILY BASIS.
HOPE IT WILL MAKE A NEW HIGH TODAY. BUT SEEMS IT IS IN A CONSOLIDATION MODE.

ANALYSIS
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NIFTY STRUGGLING BETWEEN 15813 AND 15716.
IT MAY CONTINUE TO RANGE BOUND TODAY ALSO.
15752 IS A MEAN AND WILL ACT AS A MAGNET.

IF WE SEE A REVERSAL AT 15716, WE CAN BUY FOR A TARGET OF 15752.
IF WE SEE A REVERSAL AT 15813, WE CAN SELL FOR A TARGET OF 15752.

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