Market Update: Indices extended losses in morning, Trading Tips for Today

Trading Tips for Today

Trading Tips for Today: sensex and nifty indices extended losses in morning ahead of major events – RBI policy meet tomorrow and Gujarat elections on Saturday.

Also Check: How to trade in nifty options for intraday gain

Cut in economic growth forecast for FY-18 to 6.7 percent (from 6.9 percent earlier) by Fitch Ratings also dampened sentiment.

The BSE Sensex was down 89.43 points at 32,780.29 and the NSE Nifty down 30.15 points to 10,097.60.

Infosys, Bharti Airtel and reliance are top gainers where’s Hero Motocorp, ONGC and L&T are top lossers.

Trading Tips for today on nifty and bank nifty

Sell Nifty Support level around 10105 Stop loss 10135 target 10065 – 10040

Sell bank Nifty support level around 25040 stop loss 25080 target 24920 -24860

Sell reliance industries around 914 stop loss 921 target 901 – 898

Check: Best penny stocks to buy for long term growth

Trading tips for today for the day of December 5, 2017 on commodity

Oil price may be go more down due to oil stocks extended.

Sell Crude Oil around 3716 stop loss 3738 target 3688 – 3672

Sell Gold around 29120 stop loss 29160 target 29060 – 29020

 

 

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