Midcap Nifty trades and targets- 3/6/24

Jun 2

Hello Everyone. The market was bearish but gave opposite moves to take SL few times today. Previous support has turned to resistance now and vise versa. As market is opening after exit polls result it might be very volatile for first 30 minutes to 1 hour, avoid trading at this time. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 50 points. Its expiry so trade if levels are broke an there are clear signals of any trade. If we try to trade in between zones then our SL will be hit and capital will be wiped out. Preserve your capital on expiry is the most important thing to do.