After four days of consolidation markets witnessed a cheerful trading session today and closed with strong gains. Looking on Nifty charts, it can be inferred that the positive momentum may continue for some more trading sessions.
For Intraday trading on the upside if indices trade above 19,100 / 5735 levels then they are likely to test 19,245 - 19,410 / 5,765 - 5,810 levels. On the downside, 18,890 - 18,765 / 5,675 - 5,632 may act as support for the day.
Nifty Intraday Tips For 08-July:
Trade long in Nifty above 5735 for target of Rs 5752-5770-5788 with stoploss of Rs below 5700.
For Intraday trading on the upside if indices trade above 19,100 / 5735 levels then they are likely to test 19,245 - 19,410 / 5,765 - 5,810 levels. On the downside, 18,890 - 18,765 / 5,675 - 5,632 may act as support for the day.
Nifty Intraday Tips For 08-July:
Trade long in Nifty above 5735 for target of Rs 5752-5770-5788 with stoploss of Rs below 5700.
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