Friday, June 5, 2026

NIFTY 50 OVERVIEW

 



NIFTY 50 CMP: 23,435

Buy: 23,350 – 23,450

Target (90 Days):

Target 1: 24,000

Target 2: 24,500

Target 3: 25,000

Stop Loss: 22,750 (Closing Basis)

Potential Upside:

Target 1: +2.4%

Target 2: +4.5%

Target 3: +6.7%

Timeframe: 90 Days

Technical View Primary trend remains Bullish on the higher timeframe.

Major support zone: 23,250 – 23,350

Strong resistance zone: 24,000 – 24,100

A sustained move above 24,100 can accelerate momentum toward 24,500–25,000.

Risk-Reward from current levels remains favorable for positional investors.

Strategy ✅ Accumulate on dips near support zones. ✅ Maintain strict stop loss below 22,750. ✅ Prefer staggered profit booking at targets.

Probability of Success: 65-70%

Risk-Reward Ratio: Approximately 1:3

SHREEJI FINANCE & INVESTMENT 📍 Ahmedabad 📞 07949258292 📱 WhatsApp: 9825305967

No comments:

NIFTY 50 OVERVIEW

  NIFTY 50 CMP: 23,435 Buy: 23,350 – 23,450 Target (90 Days): Target 1: 24,000 Target 2: 24,500 Target 3: 25,000 Stop Loss: 22,750 (Closing...