Best Nifty Levels for Tomorrow (3rd August)

The benchmark indices ended lower after the Reserve Bank of India (RBI) cut repurchase (repo) rate by 25 basis points (bps) to 6%, the lowest since November 2010. The Sensex and Nifty had hit their respective highs of 32,686 and 10,137, respectively at open. The Sensex was down 98.43 points at 32476.74, while the Nifty was down 33.15 points at 10081.50. The market breadth was negative as 1048 shares advanced against a decline of 1601 shares, while 172 shares were unchanged.

Best Nifty Levels for Tomorrow (3rd August)

Nifty Trading Tips
TREND: CONSOLIDATE TO BEARISH
RESISTANCE: 10130, 10175
SUPPORT: 10045, 10005
APPROACH: SELL ON HIGH

BUY V2RETAIL ABOVE 277 TARGETS 279.8 , 282.6 , 285.4 STOPLOSS 271.4
BUY DWARKESH ABOVE 569.1 TARGETS 574.6 , 580.1 , 585.6 STOPLOSS 558.1
BUY GRAPHITE ABOVE 211 TARGETS 213.1 , 215.2 , 217.3 STOPLOSS 206.8