Indian stock market is falling since last Wednesday and there is still no sign of recovery. Today Nifty50 likely to open near 10150 and so trade cautiously. SGXNifty and other Asian stock exchanges are also trading in the red. Furthermore,
Subdued global markets suggesting Indian stock markets will open with a flat note. Furthermore, you can expect pullback which should be used to exit your long positions. Check out the Stock Trading Tips -01 June 2017. You can expect to
Nifty & Sensex continue to move its upward journey towards 9550 and the support level of Nifty is around 937 – 9350. Both IIP and inflation data are positive for markets and you can expect the heat in D-Street today.
You can expect strong momentum to continues and the index is likely to touch its past record high level. Traders who went long in the market can continue to hold their positions. Global markets are closed with a strong rally.