Trade Setup for June 5: Top 15 things to know before the opening bell ahead of RBI MPC meet outcome - Moneycontrol.com

Key points

• If the Nifty 50 holds the crucial support level of 23,150 going forward, the possibility of an upward move toward the 23,700–23,900 range cannot be ruled out.
• However, a decisive fall below this level could drag the index below 23,000. The immediate support is seen at the 23,300 level, according to experts.
• Nifty Trade Setup for June 5 If Nifty 50 holds crucial support level of 23,150 going forward, rally toward 23,700–23,900 range is possible Decisive fall below 23,150 could drag the index below 23,000 Immediate support is seen at 23,300 level Did our AI summary help?
• The Nifty 50 closed moderately higher after a strong recovery from the day's low on June 4 ahead of the RBI MPC meeting outcome due on June 5. In fact, the index has been defending the lower end of the bullish gap formed on April 8 (23,150) for the third consecutive session, witnessing...