Nifty Intraday Trade Setup | 7th June

Nifty opened with a gap-down due to weak global cues around 16540, after making a high near 16580 we saw a downmove which brought Nifty towards 16450 zones which was a support zones and we saw good 150 points bounce from that level.

Tomorrow, if the Nifty breaks 16630 on the upside, we expect to see a further upmove.

Expectations for Tomorrow: Range-bound day.

Intraday Levels:
Buy Above - 16630
Sell Below - 16540

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Happy Trading!
InvestPro India Team