Market Commentary: Nifty Trend Tomorrow

Today nifty give both side moment near about 50 points. Professional traders find two chance to make money. In intraday today both side long and short book near 30/50 points. Only IT sector not recover today and it’s perform whole day with red sign. Otherwise many stocks recover and make new high. Pharma, Psu bank, logistics shares sugar sector top gainer of the day. Mostly on Friday trading session many stop loss triggered in long position due to BREXIT. But one things we seen after a big fall if you choose stock specific strategy then it’s recover good and give profit also. So I think if any big events come don’t trade or if you have already position then don’t exit at outcome day. Take a risk for 1-2 trading session that can give you good exit level.

Nifty Trend Tomorrow

Nifty Trend Tomorrow

NSE Nifty is looking positive at the moment. After the 300 points fall in BREXIT event today Nifty managed to closed on a break even level. Today nifty closed at 8094.70 level up by 6.10 points. For tomorrow nifty trend is Bullish with a resistance at 8120 and 8170 level on upper side, While it has a strong support level at 8030 and 7980 levels. Intraday traders should approach for Buy nifty on lower levels. To get more about Stock market keep visiting us at Stock Tips India