Saturday, 7 June 2025

NIFTY SHORT TERM ANALYSIS - BULL or BEAR? 07-JUN-2025

LTP 25003

Supports: 24670/455/377

Resistances: 25080/25121


Bullish Scenario:

As long as the support levels 24670/455/377 holds support, we can see 25034, 116.

Upside Targets: 25116-261

25355

25500-577-719


Bearish Scenario:

If 25080/121 resists, on the downside we can see 24834 first.

Further 24500-434-264.

More bearish scenario would be 23855, 450, 23050-22750.

But I suppose, the above is least probability.


My View:

As of now, I am bullish for 25300-500-700.

Primary: Bull

Alt: Bear.

https://in.tradingview.com/chart/NIFTY/aFilmSD7-NIFTY-SHORT-TERM-ANALYSIS-BULL-or-BEAR-07-JUN-2025/

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