Intraday trading strategy for Monday

market news, market updates, nifty levels 2 January, nifty outlook for 2 January, intraday nifty tips for 2 jan, free nifty tips 2 Jan

Most of the sectoral indices ended in the red with the BSE oil & gas index slipping 1.4% Tata Power, DLF, SBI and ICICI Bank were the other major losers On the other hand, Coal India was up 0.7% at Rs 301. IT shares advanced. Infosys added 0.8% and Wipro moved up 0.1% in trades.

trading strategy for 2 January

Trader may make buying position on IT stocks and make sell position on oil and gas stocks

Nifty Future tips

If Nifty future touch its first resistance to the level of 4680 and above this level resistance near the 4750 points.If first support touch to the level of 4575 and below this level support the 4530 points.