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n99trades
Jun 3, 2023 1:41 AM

Nifty Analysis for 05-06-23 to 09-06-23. Long

Nifty 50 IndexNSE

Description

Nifty Analysis for 05-06-23 to 09-06-23.
Nifty has given a pull back for the last week's Breakout.
If Nifty Sustains Above 18680, uptrend continues & Upside Targets are 18780/18900.
If Nifty trades below 18450, The previous breakout is false and Nifty is back to previous range and we may see a sideways market & Downside Targets are 18300/18200.

Comment

Uptrend Continues. Buy on Dips
Comments
Next_Waves
dear, First learn and practice needs must be for you. in the current formation nifty is forming ABC. when nifty entered into C wave than C wave length is maximum 18350. in this level must buy and hold for the target of 19000 to 19150
n99trades
@Next_Waves, I'm not a wave theory specialist my friend, I'm a Harmonic & Simple Price action trader. As per my Analysis, If Nifty comes below 18450, we will 18200 again. Long only Above 18660 for 18900 & so on.
sanjay.prajapat.311
good
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