๐ŸŒŸ Important Triggers for the day ๐ŸŒŸ

โง Due to the weak consumer confidence index, Nasdaq and Dow jones falls 491 and 343 points respectively

๐Ÿ”ด SGX nifty is near 15700, while Hong Kong markets fall over 2.5%. Dow jones futures currently trading flat.

โง Brent crude jumps by 2.5% near $118 as the result of supply issues.

๐Ÿ”ด Packaged dairy and food products and EV will have 5% GST while LED lights GST increased to 18% from 12%.

โง #IOC June series F&O contract will expire today due to the bonus share ex-date.

๐Ÿ”ด #NAM-INDIA will not be part of F&O from the September series.

โง Serum institute's Covovax will be given to children of age between 7-12 years post DCGI approval.

โง Rupee at its near low 78.77

๐Ÿ”ด Serum institute's Covovax will be given to children of age between 7-12 years post DCGI approval.

โง Rupee at its near low 78.77

๐Ÿ”ด #NIFTY50 and #NIFTYBANK will open negative with weak global cues. For the existing short positions, 15900 can be an important zone and can be considered as a stop loss for shorts.

โง New shorts can be created in Nifty and Banknifty with a stop loss of 15900 and 33800.

๐Ÿ”ด Buying opportunities can be considered in the range of 15550-15600 with a stop loss of 15500 with a target of 15825.

Disclaimer: The information mentioned above is only for educational purposes. Kindly contact your financial advisor before trading/investing ๐Ÿ’ฐ

Please post your views/queries in the comments below. ๐Ÿ‘‡