Dear Trader Friends,
Since last few days dispite of silent movement we have seen hidden buying but as of now we dont think there is clear trend to make fresh positions.
Nifty Fut current range of trading is 6280-6400
Any side closing breakout will lead trend, however we suggest to enter short position for mid to long term only if NF Fut close below 6200 mark.
6200 is very strong support and closing below this can lead to trend reversal.
Keep your eye on Banking stock and sector, dispute rise in NF Fut there is no strong support or buying in Bank Nifty Fut and leading banking stock like. SBI, ICICI Bank.
IF any time there is fall in market we believer trader can make huge money in
#1 Bank Nifty
#2 SBI
#3 ICICI Bank
Well in another scenario if market is sustain at this level and giving good up moves then this stock can out perform
#1 AxisBank
#2 LT
#3 JaswSteel
#4 Adani Ent
#5 Rpower
#6 Tata Steel
