Good Morning,
:: Nifty Overall View ::
Nifty open flat due to Overall market pressure, Still we see Nifty in OVERBought Zone. All technical and fundamental charts are now showing no trading state. Important Level for the day is 5220.
Resistances : 5220-5234-5258-5274 (Bold Indicates Strong Resistance)
Supports : 5204-5180-5164-5148 (Bold Indicates Strong Support)
:: Trend Decider Levels ::
Above 5220 : Good and Below 5180 : Weak
:: Todays Live Trade ::
Uptrend
Buy around 5230 StopLoss 5210
1st Target 5248 and 2nd Target 5262
Nifty if sustain above 5264 for 2-minutes than 3rd Target 5274.
Downtrend
Risky Trader :
Sell Below 5220 with StopLoss 5234 for Target 5208
Safe Trader :
Sell Below 5190 with StopLoss 5208
1st Target 5164 2nd Target 5148
:: Be Alert ::
Safe Traders are suggested to do Intraday Trading with Uptrend
Positional traders Entered Above/at 5034 Level for Target 5374 with SL 4948 in June Expiry, revise your StopLoss 5060
:: Remember Always ::
We suggest to keep at least 1% of its price as SL in All Equity Stocks.
All PreMarket and Live Trades are for Intraday Trading Only.
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...WISHING YOU A VERY HAPPY TRADING...
