Nifty Trade Plan for 16 June 2021

Nifty Trade Plan for 16 June 2021

Today's Trade Setup :

Global clues looks little weak.

Expected Nifty to open slightly gap down.

If Nifty opens gap down, then 15870 holds the key resistance and 15835 a strong support to watch.

If 15835 is taken out we can expect Nifty to fill the previous gap and test out 15780 & lower.

In case if 15870 is taken on the upside we can expect it to retest 15900 again.