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Nifty Intraday Trade Setup | 7th June

Nifty 50 Index (NSE:NIFTY)  
InvestPro_India  
NSE:NIFTY   Nifty 50 Index
Technical Indicators Chart Patterns NIFTY niftyanalysis niftyintradaylevels niftyintradaysetup niftyintraday niftyintradaytradesetup niftylevels niftytradesetup niftyoptions
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indicator chartpattern nifty niftyanalysis niftyintradaylevels niftyintradaysetup niftyintraday niftyintradaytradesetup niftylevels niftytradesetup niftyoptions
Nifty opened with a gap-down due to weak global cues around 16540, after making a high near 16580 we saw a downmove which brought Nifty towards 16450 zones which was a support zones and we saw good 150 points bounce from that level.

Tomorrow, if the Nifty breaks 16630 on the upside, we expect to see a further upmove.

Expectations for Tomorrow: Range-bound day.

Intraday Levels:
Buy Above - 16630
Sell Below - 16540

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

Happy Trading!
InvestPro India Team

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