Good Afternoon,
We have not updated any premarket trades due to constant Neutural Trend seen in Nifty. Nifty in Range Bound between 5330-5420. Due to very low volume in Market not much movement seen till now. Good Q1 results reported by India Inc so far and sustained foreign fund buying on the back of strong macro economic scenario underpinned sentiment. Consumer durables stocks rose. But, healthcare stocks fell. Banking stocks were mixed. The market breadth is strong.
5330 is the major Support which has to be break to prove the weakness, and unless the NIFTY is trading above this level, the Markets are positive. If NIFTY closes above 5400 levels today, further we may see a non stop rally till 5480-5500 in coming days.
Today No PreMarket Trades
