Nifty will open gap up approx 80-100 pts. Problem with gap up mkt is may or may not sustain due to profit booking at higher levels. Check our daily nifty option tips and make profit on a daily basis.
Nifty Spot View: 05/06/2023
CMP: 18534.10
Moving AVG (EMA) 20 Hour & 40 Hour: 18531 & 18517
Moving AVG (EMA) 20 Day & 40 Day: 18338 & 18134
Support & Downside Range: 18495--18464—18419-18359
Resistance & Upside Range: 18580—18610 zone—18663—18720
Short Term Trend Reversal Level: -- 18419--18359
Trading View: No Major changes in levels for today's trading session, after gap up if nifty manages to sustain above 18580-18610 for 1hr then we may immediate move upside towards minimum 18663 to 18720 and max 18755 spot levels whereas after gap up downside 18495 spot acts as immediate intraday support.
