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Daily Technical Report For 11/06/2021

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After Wednesday's correction NIFTY recovered from lower levels yesterday and closed very near the 15750 mark. NIFTY is still making higher tops and higher bottoms on the daily charts. We maintain a bullish view with the short term target of 16100 and the medium term target of 16700 on NIFTY.  On the downside NIFTY has immediate term support in the range of 15600 - 15550 below that the range of 15400 - 15350 will be a strong support for short term.

Today's Picks On 11/06/2021

Share Market Daily Picks Manas Jaiswal

LIC Housing

Buy

  • 527.15
  • SL: 517
  • TGT: 550
Share Market Daily Picks Manas Jaiswal

Trent

Buy

  • 876.90
  • SL: 859
  • TGT: 920

Nifty Imp Levels For 11/06/2021

Open 15692
High 15751
Low 15648
Close 15737
S 1 15673
S 2 15609
R 1 15776
R 2 15815

Actionable Ideas On Nifty for 11/06/2021

Action SL TGT
Buy above 15800 15724 15950
Sell below 15590 15651 15470
Show Timings
Manas Jaiswal Technical Research Group