Nifty 50 IndexShort
NIFTY50 Prediction for June2024
Nifty- Prediction:
After Many months, Nifty closed below previous month closing.
Our Channel still holds good for top side. Even if it breaks above, it is fake. Because our Yearly resistance is at 23400~ 23500. Yearly top is around this. As i said this year is wide CPR and Nifty is not yet tested CPR yet, its likely to test this. Be cautious because our market is not likely to crash. All down moves are slow and with high volatile.
Book profits in shares, you will get ample opportunity to enter again.
In my Opinion.. 2025-2026 (First half) will be one sided rally.
After Many months, Nifty closed below previous month closing.
Our Channel still holds good for top side. Even if it breaks above, it is fake. Because our Yearly resistance is at 23400~ 23500. Yearly top is around this. As i said this year is wide CPR and Nifty is not yet tested CPR yet, its likely to test this. Be cautious because our market is not likely to crash. All down moves are slow and with high volatile.
Book profits in shares, you will get ample opportunity to enter again.
In my Opinion.. 2025-2026 (First half) will be one sided rally.
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