NIFTY Analysis between June 13 to June -20
June-13: Nifty made a bottom around 24508, this is going to be support
June-17 to June-20 : Nifty taken a pause and traded between 24982 to 24805, on June-20 Nifty given a breakout check Red Line in the under given images
Volatility: (ATM) implied volatility remains range-bound between 13.5%–15.5%,
Resistance: 25220 is going to be the major resistance
Bottom line: The Nifty remains in consolidation, trading within a range but with bullish technical momentum. Traders should watch for a sustained move above 25,100 on volume for fresh rally potential. In the meantime, dips to the 24,700–24,500 zone may offer good entry points.
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Plz refer under given Chart for detailed NIFTY analysis
