Nifty Trade Setup for 08 JUNE 2022
Nifty had a good recovery during the closing in the yesterday session. We have a narrow CPR in Nifty & can expect good volatality.
Expect Nifty to open gap up around R1 & if R1 & Bull BO is taken out we can expect it to test out Target 2.
In case of Resistance from R1/PDH, we can expect Nifty to test again Bull Reversal / PDL.
A break down of PDL we can expect lower targets of T2 & lower.
Nifty had a good recovery during the closing in the yesterday session. We have a narrow CPR in Nifty & can expect good volatality.
Expect Nifty to open gap up around R1 & if R1 & Bull BO is taken out we can expect it to test out Target 2.
In case of Resistance from R1/PDH, we can expect Nifty to test again Bull Reversal / PDL.
A break down of PDL we can expect lower targets of T2 & lower.