:: Nifty Overall View ::
Good Morning, Overall View is same as yesterday, today also Nifty open flat due to Overall market pressure, as we told Nifty is in OVERBought Zone, nifty is trading in side way range with negative trend. As we stated yesterday, all technical and fundamental charts are now showing no trading state. Todays Important Level for the day is 5222.
Resistances : 5220-5234-5258-5274 (Bold Indicates Strong Resistance)
Supports : 5204-5180-5164-5148 (Bold Indicates Strong Support)
:: Trend Decider Levels ::
Above 5234 : Good and Below 5190 : Weak
No Trading Zone between this two levels for Safe Traders
:: Todays Live Trade ::
Uptrend
Safe Trader :
Buy around 5234 StopLoss 5210
1st Target 5248 and 2nd Target 5262
if sustain above 5264 for 2-minutes than 3rd Target 5274.
Risky Trader :
Buy at 5220 StopLoss 5200
1st Target 5234 and 2nd Target 5248
Downtrend
Safe Trader :
Sell Below 5190 with StopLoss 5208
1st Target 5164 2nd Target 5148
Risky Trader :
Sell Below 5220 with StopLoss 5234 for Target 5204
:: Be Alert ::
Safe Traders are suggested to do Intraday Trading with Uptrend
For Risky Traders, Sell at Higer Level with StopLoss 5288 is recommended.
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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