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The_SharkTrader

NIFTY Trade plan for 12-06-2023

Long
Nifty 50 Index (NSE:NIFTY)  
The_SharkTrader  
NSE:NIFTY   Nifty 50 Index
Trend Analysis niftytrend niftyprediction niftytradesetup niftyview niftyintradaylevels niftyoutlook
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trendanalysis niftytrend niftyprediction niftytradesetup niftyview niftyintradaylevels niftyoutlook
As mentioned in last analysis from ATH we could see some serious profit booking without any pull back

However CMP (current market price trading at support and a gap up can be seen on Monday, if so then we can plan for a pull back from the same support price can bounce

If price open gaps down then support will turn into resistance and with small risk 1:4+ RR trade can be executed and target can be your next support.
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