Nifty managed to close above 5600, we have targets of 5703 and 5800 in July, long traders can keep stop loss below 5550 for short term. Its strong support reside at 5490, any closing below this can trigger bear market again.
Our long call Punj Lloyd which given in morning today at 72.20and it has closed at 73.45, keep stop loss at 71.50 and book profit near 76-76.50 range.
Reliance showing some strength on daily chart, it will be very interesting to see how it crosses 900 level in coming days. One can buy with stop loss below 870 for target of 897-925.
Happy trading .....
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Our long call Punj Lloyd which given in morning today at 72.20and it has closed at 73.45, keep stop loss at 71.50 and book profit near 76-76.50 range.
Reliance showing some strength on daily chart, it will be very interesting to see how it crosses 900 level in coming days. One can buy with stop loss below 870 for target of 897-925.
Happy trading .....
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