NIFTY TREND CHOPPY, TRDING CALL

Nifty August future traded choppy today, open at 5720 touched high of 5762.70 and low of 5695.55. at 11:00 am traded at 5706.30. Infra and Realty stocks traded weak. Coal India, Ranbaxy, Jindalsteel, Ambujacement, Sesa Goa gained at Index. Major IT Socks Infosys, TCS and HCL Tech touched 52 week high on Monday Morning.

Market have strength RSI between 40-60 level, Open Interest trend is positive and cost to carry is 10.72.

Nifty tips

BUY NIFTY OPTION CALL 5700 TARGET 158.50 STOP LOSS 128.

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