Friday, August 30, 2024

MARKET VIEW

MARKET VIEW :- 


 Good morning friend, if we talk about today's market, today the market is running very well, but there is a lot of fear in the market, but now the price is God, if the price comes, it is imperative for us to leave and now the sector rotation is happening and If it is necessary to hold the shares of any company, then it is imperative to remain in PSU and also in that the bank sector can give better returns. Of Baroda is the best performing and then over weighted in banks like Bank of India, PNB, Canbank, ICICI Bank, Yes Bank, Jammu Kashmir Bank, IDBI then this stock So it's like taking it and keeping it.

 And now talking about Bank Nifty, if it goes above 51536 in Bank Nifty, it can go up to 51750/51960 and if it goes below 51050, then if it goes below 51050, then hold on to the support of 49850. And if it comes down, take the average and if it breaks 49850, then exit, this level is according to the weekly closing base.


And now if we talk about Nifty, if it goes up to 25294 in Nifty, it can go up to 25430/25530 and if it breaks below 25000, it can come up to 24600. And if you want to keep stocks of Nifty, for that, keep stocks like Patel Eng., GMR Infra, Indian Energy Exchange, Hudco, Havells, DLF, and if you get profit, book and leave or if you get the message again, exit. To be booked in all stock when called

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