Wednesday, June 1

Nifty Levels for 1 June

Nifty Hourly
Nifty Hourly charts as discussed before 5510  was the main resistance and break above that made nifty to close above an important short term resistance of 5555.
Now nifty is entering into another zone of resistance which was previously the swing high of 5601 which needs to be crossed and 5590 levels where Nifty is having cluster of resistances as shown in above chart.
Nifty Daily
On Daily chart nifty is able to cross and close above an importance trendline resistance around 5510 levels. Next levels of resistance is 5590 which …
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