Nifty Weekly Technicals for 6 June

Nifty Hourly Nifty Hourly Chart as discussed in Previous post 5600 should be crossed and sustained for further upmove. Nifty crossed the levels briefly but was unable to sustain the same.Reliance AGM was a reason for market to correct 5600 becomes psychologically more significant level. As Seen from Hourly chart on Downside we have support of 5500 and 5461.These levels if sustained can protect the further downside Nifty Daily On Daily Chart again as pointed in above chart 5600 is the level to watch out for any further upside in market. Reliance has sold ...