Nifty June 4th Week Analysis.

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Nifty June 4th Week Analysis.Nifty 50 IndexNSE:NIFTYIshanMathur05Nifty formed a Doji candle on the weekly timeframe, indicating indecisiveness. However, overall sentiment remains positive. A detailed chart analysis shows a base range for the ongoing uptrend between 24,114 and 24,268. If Nifty successfully crosses and sustains above this range, the upside move is likely to continue, with the next resistance zone near 24,730.On the downside, if Nifty breaches the key support at 23,898, it could see further retracement toward the 23,560 level. All the mentioned levels are marked on the posted chart.