:: Market Today ::
Our market opened flat with a knee-jerk reaction to Infosys disappointing Q1 numbers. A very volatile trading session was witnessed as Nifty slipped into the red after recovering from an initial slide. The market recovered from lower level and moved in a narrow range in mid-morning trade. The market hit a fresh intraday lows in early afternoon trade led by decline in IT stocks. The Buying in realty sector and positive Global cues helped market recovered from lower level in afternoon trade after hitting a fresh intraady low. The market moved into positive zone, with Nifty hitting fresh intraday highs in afternoon trade. In the ending session, Nifty Future did break the Crutial Level 5400 and made High 5321.75.
:: Given Trend Decider Level ::
Good Above 5380 and Weak Below 5354
No Trading Zone for Safe Trader Between these levels
:: Given Todays LiveMarket Trades ::
Uptrend
Buy at 5384 with StopLoss 5364
1st Target 5402 (Achieved)
As it Sustained Above 5408 next target 5422-42 (Came till 5421.75)
Downtrend
Sell Below 5354 with StopLoss 5378 (Low 5358)
For Risky Traders
Buy at 5372 with StopLoss 5352
1st Target 5390 (Achieved)
2nd Target 5402 (Achieved)
For Risky Traders
If Nifty does not sustain above 5408 (Sustained)
Sell at 5398 with StopLoss 5414 (Not Came)
:: Positional Nifty Alert ::
Given BUY around 5230 with SL 5180-65 to NEW-or-Fresh Positional Investers for Target 5542-5600 in July Expiry. Please Revise your Stoploss to 5320 as of Now.
:: Remember Always ::
We suggest to keep at least 1% of its price as SL in All Equity Stocks.
All our levels mentioned are of Future Nifty not Spot Nifty.
All PreMarket and Live Trades are for Intraday Trading only.
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