8 PM STOCK PICKS FOR TOMORROW 7 JUNE 2023

Below are Stocks which as per Our Research are likely to be Outperformers Tomorrow 7 June 2023 . To get specific CALL/PUT Recommendations contact us on 9039542248

IEX

INFY

MARUTI

MPHASIS

PERSISTENT

AARTIND

CHAMBLFERT

BHEL

LTTS

TATACOM

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NIFTY OUTLOOK FOR 7 JUNE 2023

Markets remained volatile and ended almost unchanged on mixed signals. After a weak start, Nifty fell throughout the day, but a sharp recovery in the last half hour reduced all losses. To finish, the Sensex was up 5 points, to 62792 and the Nifty was up 5 points, to 18599.While markets ended flat, buying in interest rate sensitive stocks like banks, autos and real estate was spotted ahead of the RBI's MPC meeting later this week. Amid growing expectations that the central bank could again pause its rate hike, hopes of continued firm interest rates sparked optimism in interest rate-sensitive markets. Technically, the market is sticking to a higher bottom formation across the board. For traders, 18500 would be the trend-deciding level. Above that, the index could rise to 18700-18800. On the downside, the uptrend below 18500 would be vulnerable and below that the market could retest the 18450 level. Any further correction could drag the index to 18400.

Resistance: 18600, 18700, 18800

Support: 18500, 18400, 18300