Nifty Outlook: Trend Range Levels And Hot Intraday NSE BSE Stock Market Tips & Picks For Today 7 March:- As we predicted the results of Uttar Prades elections left an strong impact on share markets Yesterday Nifty closed in red, it gave up gains in second half of trade as Samajwadi Party is set to form government in UP without support of Congress or any other party. It was huge volatile session. At the end Nifty ended in red down by 58 points or 1.1% to close at 5,222. In experts views today Nifty outlook has confirmed. the Nifty has entered into a medium term downtrend and we could expect Nifty to go down to 5,080 and can trade in the range of 4,531-5,629 before any stability and consolidation takes place.
Intraday NSE BSE Tips & Hot Stocks Today:
1) ITC : Buy above - 212 Target1- 216 Target2- 218 Stop Loss-210.
2) Biocon : Sell below Rs 266 Target1- 261 Target2- 258 Stop Loss-268.5
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