Nifty Futures may open flat or with a gap-up on June 1. The index is likely
to move towards the resistance level of 23,870 and may find support around
23,615 before resuming its upward move toward 23,870. A sustained breakout
and close above 23,870 could pave the way for the next resistance level
near 24,004.
This analysis reflects my personal view and should not be considered investment
advice. Significant gap openings on either side may invalidate the levels and
outlook presented here. Traders are advised to conduct their own technical
analysis and risk assessment before making any trading decisions.
to move towards the resistance level of 23,870 and may find support around
23,615 before resuming its upward move toward 23,870. A sustained breakout
and close above 23,870 could pave the way for the next resistance level
near 24,004.
This analysis reflects my personal view and should not be considered investment
advice. Significant gap openings on either side may invalidate the levels and
outlook presented here. Traders are advised to conduct their own technical
analysis and risk assessment before making any trading decisions.
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.
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.