Nifty trend direction

99
Nifty 23405 has closed below the resistance 23435.
Resistance zone is at 23435-23555.
A falling bullish flag pattern suggests Nifty could test the resistance 23555 and a broke out could take higher trend resistance 23800 by 15 June 2026.


OI Trend
FII's have sold cash, futures and have bought PUT and calls.

Conclusion
04/06/2026 - Expected to be a bullish day as FII's may push nifty higher by buying futures and cash and meanwhile book profit in Calls.


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