#Nifty50 trade setup for the week. (3rd to 7th June24)
The Nifty50 is looking bearish and although the overall sentiment is looking towards the outcome of the elections, any movement has to looked at very closely. As per my analysis if the Nifty50 moves between 22,683 on the upside and 22,390 on the downside, I would advice traders to not enter the market.
Wait until the upside or the downside levels are breached and then enter. I would also suggest traders to stay away from trading on the 3rd and 4th of June due to increased volatility because of the election results.
Stay green, happy trading.
The Nifty50 is looking bearish and although the overall sentiment is looking towards the outcome of the elections, any movement has to looked at very closely. As per my analysis if the Nifty50 moves between 22,683 on the upside and 22,390 on the downside, I would advice traders to not enter the market.
Wait until the upside or the downside levels are breached and then enter. I would also suggest traders to stay away from trading on the 3rd and 4th of June due to increased volatility because of the election results.
Stay green, happy trading.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。