Good Morning Everyone
Pre Opening Market has been settled
Nifty 50 is opening gap up 0.81%
Nifty Bank is opening gap up 1.19%
Nifty IT is opening gap up 0.89%
Nifty Infra is opening gap up 0.77%
Nifty Energy is opening gap up 0.34%
Nifty FMCG is opening gap up 0.07%
Nifty Pharma is opening gap up 0.50%
Nifty Auto is opening gap up 0.59%
Nifty Media is opening gap up 1.20%

Be careful on Longs as prices are moving up with very low demand

Infact buyers are getting absorbed in banknifty

If Buyers are back, then we can expect further bull move, otherwise sideways to bearish expectation will be there

1st Trading Idea today

FSL is good to buy above 173.25 with SL of 2 Points and target of 2-4-6-8 points