As Markets Rally, Can Nifty Break Its 52-Week Barrier?

Table of Contents

NIFTY FUTURES

๐Ÿ“ˆ Nifty Futures โ€“ Key Levels to Watch!

๐Ÿ”น Upside Resistance: Above 24,200, Nifty may rally toward 24,350โ€“24,500.

๐Ÿ”น Downside Support: 23,850 is expected to act as strong support and a potential stop-loss level.

BANK NIFTY FUTURES

๐Ÿ“ˆ Bank Nifty Futures โ€“ Key Levels to Watch!

๐Ÿ”น Gap-Up Opening Likely: Gift Nifty suggests Bank Nifty may open around 55,900โ€“55,950.
๐Ÿ”น Upside Resistance: If momentum holds, watch for a move toward 56,000 and higher.
๐Ÿ”น Downside Support: Key support zones lie at 55,150โ€“55,200, followed by 54,300.

1. AARTI INDUSTRIES LTD

Aarti Industries Ltd
๐Ÿ“ˆ CMP: Buy above โ‚น435
๐ŸŽฏ Target: โ‚น470 โ€“ โ‚น500
๐Ÿ”ป Stop Loss: โ‚น400 below

2. CARE RATINGS LTD

Care Ratings Ltd โ€“ Positional Pick
๐Ÿ“ˆ CMP: Buy above โ‚น1220
๐ŸŽฏ Target: โ‚น1260 โ€“ โ‚น1280
๐Ÿ”ป Stop Loss: โ‚น1180 below

3. RELIANCE INDUSTRIES LTD

Reliance Industries Limited โ€“ Positional Pick
๐Ÿ“ˆ CMP: Buy above โ‚น1308
๐ŸŽฏ Target: โ‚น1340 โ€“ โ‚น1370
๐Ÿ”ป Stop Loss: โ‚น1280 below

Until then, Happy Trading!

Commodity Samachar Securities
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Announcements

                     
DATATIMEFORECASTPREVIOUS ACTUAL
USDCore PPI m/m-0.4%0.3%0.4%
USDCore Retail Sales m/m0.1%0.3%0.8%
USDPPI m/m-0.5%0.2%0.0%
USDRetail Sales m/m0.1%0.0%1.7%
USDUnemployment Claims229K229K229K
LME MetalChange
COPPER
ALUMINIUM
ZINC
IndexPCRMaximum Pain
Nifty1.0224850
Bank Nifty0.9355000
InstitutionCash
FII-476.86
DII+4273