Yesterday session is a great session and Nifty made a solid move after boring 6 days. As I said above 6134 Nifty is strong. Nifty tried to cross this level after policy was announced but failed in its first attempt after making high of 6137, but in its second attempt it consolidated at these levels and made a solid move to cross all intraday resistance and made a high of 6237 and closed at 6222.
If Nifty closes this expiry in this range it will be highest montly close since 5 years.Nifty could move to 6300 levels only if it can cross 6245 - 52 levels and stay for atleast 30 minutes which it has failed before. FIIs were still pumping money into market and it seems there is no end for this.
Intraday Levels
For the day if Nifty will open with gapup and if it can cross 6245 and stay for 15 mins it can go to 6256,6276 and 6291 and for the downside below 6209 it can go to 6193, 6179 and 61616. In the stocks please look for banking and other rate sensitive stocks as they will give solid returns.As stated in previous blog banking and rate sensitive stocks have given solid returns and have participated in the move and they will continue to do better.
Pivot Levels for stocks of the day
For exact levels to trade above securities contact vijaykumarrao.invest@gmail.com
If Nifty closes this expiry in this range it will be highest montly close since 5 years.Nifty could move to 6300 levels only if it can cross 6245 - 52 levels and stay for atleast 30 minutes which it has failed before. FIIs were still pumping money into market and it seems there is no end for this.
Intraday Levels
For the day if Nifty will open with gapup and if it can cross 6245 and stay for 15 mins it can go to 6256,6276 and 6291 and for the downside below 6209 it can go to 6193, 6179 and 61616. In the stocks please look for banking and other rate sensitive stocks as they will give solid returns.As stated in previous blog banking and rate sensitive stocks have given solid returns and have participated in the move and they will continue to do better.
Pivot Levels for stocks of the day
For exact levels to trade above securities contact vijaykumarrao.invest@gmail.com
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