Falcon_Trader_1

#Nifty || 3rd June 2022 || Falcon Trader || Daily Analysis

NSE:NIFTY   Nifty 50 Index
Nifty is moving as per chart analysis and feels great.

We are moving towards 16800 levels but there it is... and that should be a good local top.

Enjoyed this rally and from next week till June end we should see a good fall eventually.

Follow me for daily analysis.

Blue box shown in chart is a good resistance area and there is no way we can break it easily. Therefore my profit booking area is 16800-16900 levels.

I plan to buy puts for next week from these levels.
Trade closed: target reached:

Falcon Trader
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.