Nifty Trade Setup for 24 JUNE 2022
Long Opportunity :
Nifty expected to open gap up around Bearish Reversal Zone and if that sustains on opening we can expect Nifty to test R1 & Bullish Break out zones.
In case Bullish Break out sustains we can expect Target 1 / Target 2 on upside today.
Short Opportunity :
In case Bullish BO provides resistance and R1 is compromised we can expect Nifty to again test Bullish Reversal Zone.
Long Opportunity :
Nifty expected to open gap up around Bearish Reversal Zone and if that sustains on opening we can expect Nifty to test R1 & Bullish Break out zones.
In case Bullish Break out sustains we can expect Target 1 / Target 2 on upside today.
Short Opportunity :
In case Bullish BO provides resistance and R1 is compromised we can expect Nifty to again test Bullish Reversal Zone.