Nifty Analysis 30th June 2021. Nifty closed at 15750 as expected
As expected Nifty today took support at 15750. I hope you guys enjoyed the fall.
So what to expect now? 15800 is new Resistance for Nifty. As you can see in the chart. Though Nifty is in downtrend as you can see in the 15 minute chart. Nifty testing is 200 MA support, but I don't expect a big fall tomorrow.
There will be two opening scenario for tomorrow.
1. Nifty will gap down and will reverse from 15673.
2. Nifty will gap up and come to selling from 15800.
Another thing is, there isn't enough momentum in Global market. So tomorrow expect Nifty to stay sideways for most of the time.
Please give a like and also feel free to share this Analysis. Thank you.
So what to expect now? 15800 is new Resistance for Nifty. As you can see in the chart. Though Nifty is in downtrend as you can see in the 15 minute chart. Nifty testing is 200 MA support, but I don't expect a big fall tomorrow.
There will be two opening scenario for tomorrow.
1. Nifty will gap down and will reverse from 15673.
2. Nifty will gap up and come to selling from 15800.
Another thing is, there isn't enough momentum in Global market. So tomorrow expect Nifty to stay sideways for most of the time.
Please give a like and also feel free to share this Analysis. Thank you.
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