Intraday Stock Tips|Market Prediction For Tomorrow 2 September

NSE BSE Intraday Stock Calls | Market Summary Today | Nifty Prediction For Tomorrow (Friday 2 September):  

Stock Market Summary:

Both big benchmarks NSE BSE closed before coming two festivals Eid and Ganesh Chaturthi in green. The markets gained significantly yesterday with almost all sectoral indices closed on a positive note. Realty, Metal, IT and Banking were the best performers of yesterday's trade. Rally was also supported by Auto, Healthcare and Oil & Gas. FMCG was the only sector that closed in the red. The Sensex closed at 16704, up 288 points and the Nifty closed at 5013, up 93 points from their previous close.

Top NSE-BSE Gainers:Jindal Steel & Power, Sun Pharma, Mannapuram Finance, Sesa Goa, DLF, HCL Technologies.

Stock Market/Nifty Prediction:

It was second consecutive day when Nifty showed good strength and closed in green above 5,000 levels with higher volumes. Market is in control and looking bullish. Buying interest may be continuing above 4,980 levels. It is predicted that one must keep an close eye on IT stocks.

In experts advice trend deciding level for Nifty may be 4,980-5,000. If Nifty shows strength above 5,000 levels, then it could test levels near 5,050/5,125/5,180. If Nifty does not show strength above 4,980 levels then selling pressure till 4,930/4,850/4,800 may also be seen.

Intraday Stock Calls For 2 September:

TCS-

Buy Above-1052.85 with Tgt1-1064.45 Tgt2-1080.4 and SL-1043.35

Sell Below-1032 with Tgt1-1020.65 Tgt2-1005.35 and SL-1041.3

HCL TECHNOLOGIES-

Buy Above-415.1 with Tgt1-419.65 Tgt2-425.95 and SL-411.35

Sell Below-406.85 with Tgt1-402.4 Tgt2-396.35 and SL-410.5

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