Market Today
Nifty moved in a narrow range ahead of the RBI's policy review and as investors awaited key first quarter results. Nifty surged to a fresh intraday high in early afternoon trade after the central bank raised short-term interest rates to rein in inflation and anchor inflationary expectations. The market soon came off highs. The market hit a fresh intraday high in afternoon trade as European stocks opened higher and as US index futures rose. The market extended gains in mid-afternoon trade. The market came off the higher level later.
:: Given Todays PreMarket Trades ::
Uptrend
If opens Flat and than goes down but holds 5400 than
Buy around 5424 with StopLoss 5404
1st Target 5454 (ACHIEVED)
2nd Target 5474
If sustain above 5478 for 2 mins 3rd Target 5496
:: Positional Nifty Alert ::
Given BUY around 5230 with SL 5180-65 to NEW-or-Fresh Positional Investers for Target 5542-5600 in July Expiry.
Given Start booking profit from 5450 (25%) - BOOKED
Now rest at 5474 (25%), 5502 (25%), 5540 (25%)
Revised Stoploss to 5400 levels.
:: 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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