clementemerson

NIFTY FOR THE DAY 04-JUN-2021

SGX:IN1!   SGX NIFTY 50 INDEX FUTURES
NIFTY
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NIFTY IN THE MOOD OF MAKING ALL TIME HIGHS DAILY.
HOPE IT WILL MAKE A NEW HIGH TODAY.

ANALYSIS
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NIFTY WILL FACE RESISTANCE AT 15726 AND SUPPORT AT 15648.

IF IT BREACHES THE RESISTANCE AT 15726 AND THEN IF IT SUCCESSFULLY TESTED IT, WE CAN BUY FOR INVISIBLE TARGETS... (NO PROVEN RESISTANCE ABOVE)
IF IT FINDS RESISTANCE AT 15726 AND REVERSE, THEN WE CAN SELL FOR TARGET 15661.

SIMILARLY, IF IT FINDS SUPPORT AT 15648 AND REVERSED, THEN WE CAN BUY FOR TARGET 15724.
IF IT BREACHES THE SUPPORT THEN WE CAN SELL FOR TARGET 15592


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Everyday morning before market opening, I will post nifty levels for the day. Kindly check it out.

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