Midnifty Intraday Analysis for 01st June 2026

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NIFTY_MID_SELECT

The market is expected flat to lower opening due to fresh escalations in the West Asia conflict; however, the finalisation of a US-Iran deal could lift market sentiment at any time.

Upward movement may lead the Index near 14625 – 14650 resistance range and if the index crosses and sustains above this level then may reach 14800 – 14825 range.

On the contrary, a downward moment may drag the index to 14325 – 14300 support range and if this support is broken then index may tank near 14150 – 14125 range.
Trade closed: target reached
Open flat with high near 14560 then tank to low near 14240 and close near 14265.

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