Nifty strategy for 04-08-2026
Nifty may open on flat note as per sgx nifty around at 24770 levels in todays session. I am astonished about nifty in last fifteen minutes it spiked more than 200 points but they didn't do average in the nifty. I am expecting nifty may hovered between 24600 to 24820 levels in todays session until upto break either upside or downside above levels. if it break and closed above 24820 levels on daily charts we will see next level in the nifty is 25050 in this week.India vix is trading around 12 which is support to bulls so follow buy on dips strategy instead of sell on rise.
Nifty trading levels :
sell price :(open price for risky traders)
: 24820(for safe traders)
stop loss : 24926
1st target : 24681
2nd target : 24600
stock of the day :Ajax engineering in this stock a bullish candle formed followed by doji candle so i am expecting continue its bullish momentum upto 620 levels.
Buy price (open price for risky traders)
:(584 for safe traders)
stop loss :574
1st target :600
2nd target :612
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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