Market Overview And Technical Outlook

Nifty Spot ::

- Watch important Support 5970 & Important resistance 6070 for the day  

- In intraday trading on 3rd June Wait n watch Important support level 5970

  

 

Bears  > If Nifty sustain blw 5985 & breaks 5970 go short for 5940-5930 trgts

 

 

Bulls   >  If Nifty holds 5970 on dwnside & sustain abve 5985 cn take long 

                 with strict 5970 s/l for  6020/6050 trgts

 

Note > 

Nifty momentum on the downside is likely to continue. Sellers vl b winner on         higer side 

- Resistance for up move at  >  6020/6050/6070

- Supports at                             >  5970/5930/5850

INFOSYS  >  Buy Infy with 2390 s/l abve 2435 if sustain vl rock for 2500 trgts