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Best Trading Tips:21st May(Tuesday)

Published May 20, 2019 Total Comments : 0
Trading

BENCHMARK INDICES ENDED MONDAY’S SESSION AT RECORD CLOSING HIGH, SURGING ALMOST 4 PER CENT, A DAY AFTER EXIT POLLS PREDICTED THE RETURN OF THE NARENDRA MODI-LED NATIONAL DEMOCRATIC ALLIANCE (NDA) TO POWER. IN THE PROCESS, THE S&P BSE SENSEX RECLAIMED THE 39,000-MARK, WHILE THE NIFTY BANK POSTED ITS BIGGEST ONE-DAY GAIN. THE S&P BSE SENSEX ENDED THE DAY 3.75 PER CENT, OR 1,422 POINTS, HIGHER AT 39,352 LEVELS, WITH STATE BANK OF INDIA, YES BANK, INDUSIND BANK, LARSEN & TOUBRO, AND YES BANK LEADING THE LIST OF GAINERS. THE MARKET BREADTH REMAINED IN FAVOUR OF BUYERS AS 2,018 STOCKS ADVANCED AND 611 DECLINED, THE BROADER NIFTY50 GAINED 421 POINTS, OR 3.7 PER CENT, TO SETTLE AT 11,828.

Nifty Recommendations

It was an amazing and straight forward session for bulls and this is likely to be continue for next trading session as exit polls suggest that BJP may wins the majority of the seats in the upcoming results on 23rd MAY, but market may offers wild swing traders are suggested to trade in the trend.

NIFTY FUT R1-11910 R-2-12060

S1-11740 S-2-11600

Daily Stock Recommendation

BUY SUN TV FUT ABOVE 569 TG 576/585 SL 562

BUY SBI FUT ABOVE 347 TG 352/358 SL 341

BUY MCDOWELL FUTURE ABOVE 558 TG 564/572 SL 551

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