Nifty Intraday Trade Setup | 3rd June

Nifty opened with a small gap-down around 16500, after making a low near 16450 we saw a bounce in towards 16584 and after some consolidation, Nifty made a new day high near 16650.

Tomorrow, if the Nifty breaks 16650 on the upside, we expect to see a further upmove but 16700 is resistance so be cautious in that zone.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 16650
Sell Below - 16560

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Happy Trading!
InvestPro India Team