Nifty Prediction | For the week Might 29-June 02, 2023 by BL GURU

ifty has risen effectively and closed on a robust observe final week. Our bullish view stays intact, and the Nifty has room to rise farther from right here.

Nifty Financial institution has been vary sure over the past couple of weeks. Nonetheless, the worth motion on the chart leaves the bias bullish to see extra rise from right here.

General, the Indian markets proceed to stay bullish.

Nifty can rise to 18,700-18,800 within the short-term and 19,000 within the coming weeks.

Nifty Financial institution is vary sure now. However the bias is optimistic to interrupt the vary on the upside and rise to 45,000 and 45,500 within the coming weeks.

Dow Jones has risen again sharply in direction of the top of final week. It is vitally essential for it to get a robust follow-through rise this week. 33,800 is a vital resistance. The Dow Jones has to breach 33,800 to change into bullish and rise in direction of 34,500-34,650.