Nifty made a fresh 52 week high at 6309 and is approaching key 6337 level despite most of the global markets remaining weak yesterday. I am sure every time Nifty touched new high we have seen selloff and expecting this to happen this time also atleast for intraday or for next few days. What we have seen is buying in PSU banks after BOB and Bank of India's results.
Intraday Levels
We may open flat, but as optimism is growing and there is no possibility of any negative trigger. So, we can expect rise for new all-time high now near Muhurat trading and could happen on Diwali.Nifty is looking good above 6310 for 6223, 6339, 6360 and below 6281 it could go down to 6269, 6254 and 6235. Banking, Metals and Cement can be the sectors to concentrate on for traders today.
Pivot Levels for stocks of the day
For exact levels to trade above securities contact vijaykumarrao.invest@gmail.com
Intraday Levels
We may open flat, but as optimism is growing and there is no possibility of any negative trigger. So, we can expect rise for new all-time high now near Muhurat trading and could happen on Diwali.Nifty is looking good above 6310 for 6223, 6339, 6360 and below 6281 it could go down to 6269, 6254 and 6235. Banking, Metals and Cement can be the sectors to concentrate on for traders today.
Pivot Levels for stocks of the day
For exact levels to trade above securities contact vijaykumarrao.invest@gmail.com
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