Monday, July 3, 2023

NEW WEEK NEW DAY & NEW HIGH OF NIFTY; WILL NIFTY HOLD 19300 MARK??

 STOCKS SUGGESTION TO TRADE ON 04 JUNE 2023

WE ARE DOING OUR RESEARCH..STOCKS FOR TOMORROW WILL BE UPDATED ANY MINUTE...STAY TUNNED

STOCK SUGGESTED IN SATURDAY'S POST FOR TRADING ON 3 JULY 2023 TO CHECK VISIT https://niftytipsniftylevels.blogspot.com/2023/07/monday-will-be-big-day-in-market.html

HINDPETRO UP 5.75% 

GUJGASLTD UP 4.5%

BPCL UP 3.55%

IBULHSGFIN  3.20% UP

MANNAPURAM DOWN 2.65% 

IGL UP BY 2.2%

TO GET LIVE TRADING TIPS WHATSAPP YOUR NAME SEGMENT ON 9039542248 OR FILL THE FORM VISIT https://niftytipsniftylevels.blogspot.com/p/enter-mobile-number-for-2-days-trial.html

The market's record-breaking momentum continued as resilient GST earnings in June and the monsoon that blanketed much of the country in recent days cheered investors. Domestic shares surged, continuing last week's positive sentiment, while GST earnings grew 12% to Rs 1.61 crore in June. Nifty continued its upward momentum on buying in index heavyweights. The index ended the session up 133 points (+0.7%) at a level of 19323. The rally was mainly driven by strong inflows of foreign money and if India performs well on most economic parameters, inflows could increase further in the near future. Benchmark indices ended on July 3 with a strong result: Nifty above 19300 and Sensex around 480 points. To finish, the Sensex was up 486 points, to 65205 and the Nifty was up 133 points, to 19322. Approximately 1910 stocks rose, 1688 stocks fell, and 138 stocks remained flat. Technically, the Nifty traded in the 19255-19350 price range, with the short-term technical setup still being positive. However, the temporary overbought conditions could see profit booking at higher levels. For traders, 19255-19200 would be the key levels to watch for, while 19425-19475 could act as a crucial resistance zone.

Resistance: 19350, 19450, 19550

Support: 19250, 19150, 19050

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