#Nifty || 3rd June 2022 || Falcon Trader || Daily Analysis

Updated
Nifty is moving as per chart analysis and feels great.

We are moving towards 16800 levels but there it is... and that should be a good local top.

Enjoyed this rally and from next week till June end we should see a good fall eventually.

Follow me for daily analysis.

Blue box shown in chart is a good resistance area and there is no way we can break it easily. Therefore my profit booking area is 16800-16900 levels.

I plan to buy puts for next week from these levels.
Trade closed: target reached
snapshot
NIFTYnifty50niftyanalysisniftypredictionTrend Analysis

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