Nifty50: Day Trading Guide: 2 stock recommendations for Mond

Nifty50: Day Trading Guide: 2 stock recommendations for Monday


YES Securities
Nifty rallied for the straight sixth session, in Friday’s trade Nifty opened on a gap up note above 15,400 mark and traded in positive territory throughout the session. Surpassing Feb months high, Nifty also registered a new record high at 15,470. However, Nifty traded within a narrow trending band of 75 points which is the lowest daily trading range since 10th May.
Moreover, Nifty's breadth was unimpressive as about half of Nifty50 components ended in red, it represents stock specific action at play. Shifting the base higher, now levels of 15,250 could turn out as immediate floor, while on the higher side on-going rally could continue till 15,600 level.

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