Again Selling From Yesterdays Opening - Banknifty has fallen (-700) + Points





Top Gainer Intraday on 06-08-2024 


S.NO

STOCK

OPEN

HIGH

CLOSE

% MOVE

POINT

1

GODREJ PROPERTIES

2895

3001

2934

3.66 %

106

2

BRITANNIA

5725

5921

5865

3.38 %

193

3

TECHM

1467

1502

1481

2.34 %

34

4

TORRENT PHARMA

3175

3297

3220

3.85 %

121

5

UBL

1955

2009

1978

2.75 %

53







Top Loser Intraday on  06-08-2024


S.NO

STOCK

OPEN

LOW

CLOSE

% MOVE

POINT

1

MUTHOOT FINANCE LTD

1766

1673

1784

5.36 %

95

2

LUPIN LTD

1969

1902

1910

3.40 %

67

3

ESCORT

3839

3685

3707

4 %

154

4

MAHINDRA AND MAHINDRA

2689

2627

2644

2.34 %

62

5

ACC

2399

2337

2349

2.58 %

62






Pre Market Report:  Yesterday after a very good bearish trend at night SGX has covered itself and at morning we have seen a Gap up opening at the same level from which the, market has fallen yesterday.


Intraday Momentum: Market has opened at the level were the sellers are active and today also after opening gap up  market become bearish and undergo selling pressure. After opening bank nifty has given bearish entry but as the market is in short trading zone and SL is also small I will only recommend to trade when you are a profitable trader become in short trading zone trendy day are very rare and market can bounce back at any time at certain point of time nifty has shown this bounce back trend but because of bank nifty it has fallen and today again Bank nifty has fallen 700+ Points.


Post Market Report: As Market is at the level at which anything can happen and global data are also not good let’s see which side the trend will continue itself.


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