INTRADAY: BUY MCX GOLD APR AT 62470 TP 62620 SL 62370 (CMP-62470)

Posted on by Raj Gaurav Rai
INTRADAY: BUY MCX GOLD APR AT 62470 TP 62620 SL 62370 (CMP-62470)
INTRADAY: BUY MCX GOLD APR AT 62470 TP 62620 SL 62370 (CMP-62470)

INTRADAY: BUY MCX GOLD APR AT 62470 TP 62620 SL 62370 (CMP-62470)

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The latest data on Foreign Institutional Investors (FIIs) net longs indicates a significant improvement, now standing at 37%. This development suggests a positive outlook for the trading session ahead, with potential for index outperformance over individual stocks. The NIFTY option chain also reveals interesting trends, with aggressive additions in 23000PE and 23200PE contracts, totaling over 2 lakh contracts each. Concurrently, CE writers are extending their reach to the 24000 strike, amassing more than 6.6 lakh contracts overall. This shift in upside positions is bolstering the confidence of bullish investors. It is recommended to consider buying on declines until 23250/23180, with a stop loss at 23150 and a long position target of 23450/23600. These developments are signaling a promising period for investment opportunities in the StockMarket. Stay tuned for more insightful financial news. share The latest data on Foreign Institutional Investors (FIIs) net longs indicates a significant improvement, now standing at 37%. This development suggests a positive outlook for the trading session ahead, with potential for index outperformance over individual stocks. The NIFTY option chain also reveals interesting trends, with aggressive additions in 23000PE and 23200PE contracts, totaling over 2 lakh contracts each. Concurrently, CE writers are extending their reach to the 24000 strike, amassing more than 6.6 lakh contracts overall. This shift in upside positions is bolstering the confidence of bullish investors. It is recommended to consider buying on declines until 23250/23180, with a stop loss at 23150 and a long position target of 23450/23600. These developments are signaling a promising period for investment opportunities in the StockMarket. Stay tuned for more insightful financial news. share

The latest data on Foreign Institutional Investors (FIIs) net longs indicates a significant improvement, now standing at 37%. This development suggests a positive outlook for […]