Nifty daily analysis for 08/06/23.
Nifty today has given a nice move and closed above the resistance zone of 18680. It remained strong whole day and gained momentum in the second half after the gap up opening.
On the hourly charts, market seems to consolidate in the first half and gained points in the second half closing above 18700.
Market seems to touch the high and create new ATH.
Support :- 18680, 18550
Resistance :- 18800, 18870
Wait for the price action near the levels before entering the market.
On the hourly charts, market seems to consolidate in the first half and gained points in the second half closing above 18700.
Market seems to touch the high and create new ATH.
Support :- 18680, 18550
Resistance :- 18800, 18870
Wait for the price action near the levels before entering the market.
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