DSIJ Mindshare

Index trend and stocks in action July 01, 2019

DSIJ Intelligence-3 0 650 Article rating: 5.0

Over the last couple of weeks, Nifty is trapped between the 50-DMA and 20-DMA. Traders are advised not to trade aggressively until and unless this range is breached on either side. A break of this range on either side will result in a directional momentum. Till then, Nifty will continue to consolidate in this broad range of 11,625-11,910. Stocks in news: Deepak Nitrite, Bombay Dyeing, Eveready Industries, Anatraj, Inox Leisure, Reliance Home Finance, Lemon Tree, ONGC, Kalpataru Power Transmission, Adani Power.

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