Nifty Intraday Trade Setup | 1st June
Updated
Nifty opened with a gap-down 16599, we some selling in the morning which brought Nifty towards 16520 but that acted as strong support and Nifty made a high at 16690. Nifty again rejected near our Buy level which was also resistance and we saw around 150 points free fall.
Tomorrow, if the Nifty breaks 16500 on the downside, we expect to see a further downmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16700
Sell Below - 16500
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Tomorrow, if the Nifty breaks 16500 on the downside, we expect to see a further downmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16700
Sell Below - 16500
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade closed: target reached
Sell Trade Triggered, 1st Target done.
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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
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