Nifty may open on gap down note as per sgx nifty around at 24550 levels in todays morning session. coming to yesterday nifty opened around at 24640 levels and hovered between 24670 to 24670 levels in 70 points range bound in entire day so I am expecting one more choppy session on today from opening levels so invester follow the strategy selling index options instead of buying options. India vix is spiked 1% in yesterday which is traded around at 12.15% it is comfortble level for bulls. Sbin,Titan,Hindalco declare Q1 earnings in today I am bearish on Sbin and hindalco bullish on Titan.
Nifty trading levels :
buy nifty : 24560
stop loss :24540(on daily closing basis)
1st target :24608
2nd target :24650

Stock of the day :Bel in this stock a big bullish candle formed in yesterday with above average volumes so I am expecting the bullish momentum continued in this stock.
Buy price :395
stop loss :390
1st target :400
2nd target :405
Disclaimer : I am not a SEBI Research Analyst please take advise from your financial advisor before take position based on my recommendation.
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