At 10:15 AM NIFTY traded lower, down 0.12% at 5649.75. According to market analyst market may remain under pressure in near term but it provides good opportunity for long term investors.
NIFTY June Future derivative contract traded at 5644.35 down 4.10 points, touch high of 5650.95 and low of 5617.35.
However the Trend of June series is negative. Today trend is upward it may touch 5656.51.
NIFTY Gainer Indusind Bank, HeroMotocorp, NMDC, CAIRN India, Lupin.
SELL FRL JUNE FUTURE BELOW 116.90 TARGET 112.98 STOP LOSS 117.48.
BUY RCOM JUNE FUTURE BELOW 126.2 TARGET 126.43 STOP LOSS 125.97.
BUY RELIANCE JUNE FUTURE BELOW 806.50 TARGET 811.50 STOP LOSS 801.50.