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Yet another Strong Bull day for Nifty due to Bank nifty closed record high of last 6 months while Bank nifty and Metal outperformed and took the market to close yet another record high.
Nifty grew by 93.90 points to settle around 12874.20, while Sensex rose by 314.73 points and closed at 43952.71 today.
Except Media ,Oil & Gas and pharma all other sectors participated in Nifty Rally while Bank nifty ,Metals outperform the Index.
Top Gainer Looser Of the Day
In future and options front Tata Motors,Tatasteel,SBIN all gain over 5% intraday .
While in Cash Market IIFl,Adani Gas,Jagsonpal Pharma ect all locket intraday upper circuit almost.
Whereas BPCL, Torrent Pharma, Pel etc. are few loose in between 4 to 2.5 per
cent intraday.
Fii & Dii Activity of the day:
Fill buys 4905.35 Rs while Dii sold -3829.16 Rs in todays trading session as per data received NSE website.
Technical View On Market for upcoming days:
In the future as per our analysis, Nifty, as well as Banknifty to remains, buy on dips candidate. We are expanding Nifty target to 13100 13600 with Stop loss Below 12600.
One should enter only the best levels form here to trade the best way. Remember you can earn only when you will play the best possible way, or it is just like video game play buys and sell.
Maximum people thinking a possible profit booking in Nifty but as per charts, Nifty remains to buy on dips candidate. At the same time, trade keeps aside these noises and trade in the best possible way.
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Disclaimer: The views and investment tips expressed by investment experts on Stocktradingfno.com are for educational purposes only. Before taking any investment decisions, consult with your financial advisors.