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Nifty Intraday Trade Setup | 3rd June

Nifty 50 Index (NSE:NIFTY)  
InvestPro_India  
NSE:NIFTY   Nifty 50 Index
Chart Patterns Technical Indicators NIFTY niftyanalysis niftyindia niftytradesetup niftyintradaylevels niftyintradaysetup niftyintraday niftyintradaytradesetup niftyoptions
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chartpattern indicator nifty niftyanalysis niftyindia niftytradesetup niftyintradaylevels niftyintradaysetup niftyintraday niftyintradaytradesetup niftyoptions
Nifty opened with a small gap-down around 16500, after making a low near 16450 we saw a bounce in towards 16584 and after some consolidation, Nifty made a new day high near 16650.

Tomorrow, if the Nifty breaks 16650 on the upside, we expect to see a further upmove but 16700 is resistance so be cautious in that zone.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 16650
Sell Below - 16560

To motivate us, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team

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