NIFTY FOR THE DAY 10-JUN-2021

NIFTY
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NIFTY MADE NEW HIGHS FOR MORE THAN A WEEK.
NOW, POSSIBLY ENTERED INTO A CORRECTION MODE.
IT MAY GO LOW TO 15411 - 15265 LEVELS. IF IT GOES BELOW 15265, IT IS NOT GOOD FOR NIFTY.

ANALYSIS
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15716 AND 15756 ARE THE RESISTANCES. AND 15650 IS THE SUPPORT.

IF WE SEE REVERSAL AT 15716 / 15756, WE CAN SELL FOR A TARGET OF 15650.
IF WE SEE REVERSAL AT 15650, WE CAN BUY FOR A TARGET OF 15716.

IF IT BREACH, 15756 AND RETEST, THEN WE CAN BUY FOR A TARGET OF 15810.
IF IT BREACH 15650 AND RETEST, THEN WE CAN SELL FOR A TARGET OF 15600.

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