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.