Indeks Nifty 50
Panjang

Nifty June 3rd Week Analysis

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Nifty is looking uncertain due to global uncertainties, and we need to track and expect moves through levels as there is no trend present on the chart right now . Upside is expected only if Nifty crosses and sustains above the 24850-950 range, and then it will face resistance at 25084. Upon crossing that, we can expect good short cover in Nifty. While if Nifty breaches 24600 on the downside, then it can slip up to levels of 24400-250. 

All levels are marked in the chart posted.

Penafian

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