Market Today
As aspected Market opened flat at 5335.55 and taken support at 5230-50. It was very interesting to watch further movements when it crossed our trend levels. Firm cues from Asia and Europe, saw our market to trade positive too. Buying was seen in most sectors with IT, oil & gas and financials being the major gainers. Heavyweights did well too taking the Nifty above the 5300 mark. The market breadth was positive with advances at 780 against declines of 495 on the NSE. There was very volatile session as stated hope you traded quickly.
:: Given Trend Decider Level ::
Good Above 5242 and Weak Below 5222
:: Given Todays PreMarket Trades ::
Uptrend
Buy at 5234 with StopLoss 5216 (Low 5233.10)
1st Target 5262 (Achieved)
2nd Target 5280 (Achieved)
As It sustained above 5286 for next 2-minutes given 3rd Target 5304 (Achieved)
Todays High 5313.90
:: Positional Nifty Alert ::
Given BUY around 5230 with SL 5180-65 to NEW-or-Fresh Positional Investers for Target 5542-5600 in July Expiry. Revise your Stoploss to 5120 or follow special stratagy.
:: 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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...WISHING YOU A VERY HAPPY TRADING...
