TheNoobDayTrader

Nifty Analysis for 2nd July 2021

Long
TheNoobDayTrader Updated   
NSE:NIFTY   Nifty 50 Index
Nifty has reached it's support today, which was 15673 and closed above 15673. Global market sentiment is positive also.

So what to expect tomorrow: Nifty will open gap up, profit booking of overnight positions may come but it will go upward to test it's resistance of 15751 to 15761.

What you can do: You can enter into buy position tomorrow until nifty price get rejected from top with a stop loss below your entry price and as per your risk appetite.

Thank you.



Trade closed: target reached

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