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Suprabhatam, Mitro!

I hope you had an amazing weekend. Are you all geared up for a fresh week of trading?

#NIFTY50 closed on Grand note on Friday majorly helped by news of base rate of China Bank and #RELIANCE. Over weekend we also have news of excise duty reduction and Steel Import duty reduction. We still need to wait for how it'd impact market. Broader range is still 15670-16400.

For Intraday,

#NIFTY50 is strong above 16300 & weak below 16200.

#NIFTYBANK is strong above 34350 & weak below 34200.

Create your positions accordingly. Wishing you a profitable day ahead.

@NIKHILMAHESHWARI