Nifty & Sensex Analysis - 3rd June 2025

Nifty & Sensex Analysis - 3rd June 2025

Opening: Gap up

View: Bullish

Yesterday's recovery gave a promising sign of upside momentum and formed a Morning Star candle pattern - a classic bullish reversal signal! This suggests that the market may continue its upward journey.

Retailers who shorted the market on every rise yesterday have likely been trapped! If we open with a gap up (as indicated by Gift Nifty ? ), we may see further upside and short covering ..

Any morning dip should be treated as a buying opportunity!

Upside targets are mentioned below

Nifty: 24810, 24890, 24960, 25080

Sensex: 81480, 81790, 82040, 82370

Chart also attached for reference with support and resistance levels