Nifty Tips
MARKET OUTLOOK AND TRADING STRATEGY TODAY
Market in the short term will be in consolidation mood with select stocks will in the midcap space will do the catch up rally. After the smart run up to 5700 market players are doing portfolio churning. They are throwing away the underperforming stocks and doing some selected profit booking to generate cash.
Today’s market will the reflection of yesterday’s market. Indian market will find strong support at 5600 level .As our research team is to be believed there are plenty of midcaps ripe to flare up. We use this volatility to pick our targeted midcap at our desired price.
We are advising from last few days to wait in the sidelines to buy your favored stock at best available price during occasional panic sell off. Just for example yesterday we picked up GOA CARBON.
Today’s NIFTY RANGE: 5600-5720
Today’s NIFTY RANGE: 5600-5720
Today’s call: Sell max India cmp 197 Stop 201 Target 190
Nifty Futures Trading Recommendations By Experts :-
Buy At/Above 5692.7 Tgt 5709.8/5724.0/5741.2/5755.6
Sell At/Below 5681.3 Tgt 5664.3/5650.1/5633.2/5619.1
Bank Nifty Trading Ideas For The Day :-
Buy At/Above 11486.5 Tgt 11520.9/11549.7/11584.4/
Sell At/Below 11463.5 Tgt 11429.1/11400.6/11366.4/
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