Today is the monthly closing of Nifty, and 90 points fall in GIFT NIFTY indicates that profit booking may happen today. On Monday, Nifty saw a massive rise of 312 points and closed at 24,031. Due to closing, today’s trading session is likely to be volatile. Analysts Ansh Bhilwad and Pooja Tripathi have selected 20 special stocks for trading opportunities today.
Due to closing, today’s session is expected to be full of ups and downs. From a technical perspective, Nifty has successfully crossed multiple resistance levels of 23,800 and closed above the psychological level of 24,000. As a result, today’s trading session holds great importance. Crude oil prices remain stable at $98 per barrel. Meanwhile, Trump has warned Iran that if no agreement is reached, military action will be taken. Foreign institutional investors (FIIs) had bought ₹821 crore yesterday, but now they seem to be pulling back. All these factors are going to influence market movements. shares of ansh bhilwad
cash
Buy Tata Motors PV – TGT 390, SL 365
futures
Buy UPL June Series – TGT 680, SL 644
options
Bajaj Finance Buy 950 June Call – Tgt 42, SL 20
techno
Buy Bank of India – TGT 157, SL 140
FUNDA
Buy BEL – Tgt 443, SL 411
IPL/INVEST
Buy IGL – TGT 173, SL 154
News
Buy Awfis Space – TGT 390, SL 347
my choice
Buy Nesco – TGT 1300, SL 1255
Buy Pine Labs – Tgt 169, SL 136
Buy NMDC – Tgt 94, SL 88.5
My best choice from Ansh Bhilwad: Pine Labs
Pooja Tripathi’s shares
cash
Buy Suprajit Engineering – Tgt 455, SL 439
futures
Buy Hitachi Energy – TGT 36347, SL 35282
options
Buy Concor 515 Put @ 18.5 – Tgt 40, SL 8
techno
IFB Industries Buy – Tgt 1075, SL 1041
FUNDA
Buy Vodafone Idea – Tgt 15, Tenure 3 Months
investment
Buy Ashok Leyland – TGT 180, Duration 12 Months
News
Buy Brigade Engineering – Tgt 690, SL 662
my choice
Buy Krishna Diagnostics – TGT 564, SL 547
Buy Amara Raja – Tgt 900, SL 874
Buy Fortis Health – TGT 1100, SL 950
Pooja Tripathi’s My Best Pick: Hitachi Energy
What are the required levels for Nifty?
Om Mehra, Technical Research Analyst, SAMCO Securities, said that a bullish candle has formed on the daily chart of Nifty. Nifty has given an upward breakout by breaking the level of 23,800. Momentum indicators like RSI are also supporting this breakout. From a technical point of view, Nifty is now getting support in the zone of 23,800–23,850, while the zone of 24,180–24,220 can act as resistance.