What should your Strategy to Trade on 03-03-2020 After Nifty Closed By -69 Points. Levels of Nifty and Bnf for 03-03-2020. Today's Market Movers, 1st Day of SBI Card IPO, Stocks in News and Global markets.

                                                                                                                      Date: 02-03-2020 

 Subject: (1) Today's Market condition of Nifty. Banknifty & Sensex

                     (2) 1st Day of SBI Card IPO,
                     (3) Today's Market Movers,
                     (4) Levels for Nifty and Banknifty for 3rd March
                     (5) Stocks in News and Global Markets.

  (6) Results of Given calls to Paid Clients 

for 02-03-2020

                    Hey My Brothers & Sisters,
 Hope your Day spends Good, Let's come to our Today's topics as I mentioned in Subjects.

                    First of all Let's talk about Today's Conditions of Nifty, Banknifty and Sensex with the Chart of 15 Min Time Frame.

                     Chart of Nifty 50 : 15 min Time Frame
                                                         

                  Here's presenting the Chart of Nifty 50 with 15 Min time frame, At Morning 9 AM in the Pre Open market Nifty was opened +185 Points Green in the Morning, The reason behind is that the SGX Nifty also running at +1% Almost 125 Points, But In the Second half Nifty Breakdown of Important level of 11182, And achieved 11100 and 11050 Respectively. And also SGX Nifty also Closed by -1% down, 

                        Nifty 50 Closed by -69 Points (-0.62%)

                 By this Effect and a News that 2 person confirmed Positively with Corona virus, One in Delhi and One in Telengana, It's totally Changed the market trend and Nifty, Banknifty and Sensex are breaks Downside Supports and then Go for Newer Supports Respectively.

                At the End of the Blog we will provide Levels for Nifty and Banknifty for 03-03-2020.

                 Now Let's talk about Banknifty chart frame with 15 min Time Frame.

                     Chart of Banknifty : 15 Min Time Frame

                       Now Presenting the Chart of Banknifty 15 min time frame, Banknifty has also Opened With Big Gap up almost 700 Points. But as we all know that there are some Market Movers and Nifty are there which takes the Power for the Next Movement of Banknifty, It's Opens with the Huge gap up with 700 Points and Closed down by -278 Points (-0.96%).

                     Let's see by Technical view for Banknifty Levels.

28940 was the Major support for the Banknifty, Hence The Nifty has made lower low in Second half, So Banknifty also Breaks 28940 and Achived 28575 respectively. These Both are Major supports for Banknifty, Now if Market opens tomorrow in Red, Banknifty will go for More and More downside Targets 28500, 28000 , 27600 Respectively, Not in one day, But by some coming Trading sessions. 

                  At the End of the Blog we will provide Levels for Nifty and Banknifty for 03-03-2020.

                  Banknifty Closed by -0.96% (-278 Points)

                     Sensex closed Down by -0.40% (-153 Pts.)

                Now Let's Move to our Second subject which is 

                              1st Day of SBI Card IPO

                   So Let's talk about the Largest IPO of 2020, IPO of SBI Card. Today the IPO Applying has been Started and it will continue till 5th March 2020.

                   Let's Know some Important stuff about SBI Card IPO. 

1. SBI Card IPO Receives Subsription of 39% on 1st Day, it's        worth Rs. 10335 Crore.

2. The Public Issue received Bids for 3.94 Cr. Shares against IPO size more than 10 Cr. Shares.

3. SBIN stock Falls -5.08% on Very first day of SBI Card IPO.

4. The country's second largest credit care issuer already raised Rs 2,769 crore from 74 anchor investors on February 28, a day before the issue opened, at a higher end of price band of Rs 750-755 per share.

5. SBI Cards is aimed to Raise Rs 10,355 crore through the issue which will remain open for Qualified Institutional bidders till March 4, and other Investors can put in Bids till March 5th.

                   So these are the Important Facts about the SBI Card IPO. Are you going to Subsribe?

Comment your Reply now. Let's Talk more about in Comments.

                    Now Let's Move to 3rd Subject, Today's Market Movers, Maybe guys you are thinking that What are these Market Movers! 

                    Answer is The Market Movers stocks are these which Makes the direction for the Nifty 50, Sensex and Nifty Bank. The stocks which price is Fluctuated most and Makes market moves Upside or Lowerside. So those Stocks are Known as Market Movers.

                   Let me show you some Today's Market Movers stocks with Images.

                    

                           SBIN Breaks Major Support today 

                        AxisBank Major Support Breakdown

                       Tatasteel Major Support Breakdown

                      Indusindbank Major Support Breakdown

Some More Market Movers Mentioned below: 

1. Reliance

2. ICICI Bank

3. HDFC

4. HDFC Bank

5. Maruti Suzuki.

                  Now Let's have a Look at Global Markets.

Most of Global markets timing are different then Indian Markets. Dow Jones is in Running position now. SGX Nifty has been closed for today's Trading session.

So Just have a Look at it. For the Prediction of Nifty 50 with the Help of Global Markets Don't your Heads up, We will Upload it by Tomorrow Morning on our Free Whatsapp Group.

At the End of the Blog you will get the Link of our Free Whatsapp group.

                  

                   So Let's move on our 4th Subject News about the Stocks and Indices.

           Sensex erased 939 points from day's high to close at 38,144.02, while the Nifty50 falls 300 points from high to close at 11,132.80 after 2 Cases confirms Positive in India.

 Gold prices fell for the fifth consecutive day on March 2, hitting Rs 42,326 per 10 gram in the Mumbai bullion market.

Piramal Enterprises Received $900 MN on closing Sale of DRG business

  Now at the End of the Blog I am Giving you a Levels of Nifty and Banknifty for Tomorrow.

              Levels of Nifty and Banknifty For 03-03-2020

   

1. For Nifty Support No.     (1) 11100 (2) 11050 (3) 11000 

    For Nifty Resistance No. (1) 11150 (2) 11200, Expecting                                                                       Reverse from here 

2. For Banknifty Support No. (1) 28500 (2) 28350 

    For Banknifty Resistance No. (1) 29000 Expecting Reverse 

   from here 

                     

YOU CAN CONSIDER SUPPORT AND RESISTANCE AS A                                       TARGETS

             Now Publishing the Results of Given calls for Today (02-03-2020) to our Paid Clients, 

                   Have a Look at it, Given image Below 

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So that's it for this Blog guys, Hope you Like our today's Content and Hope the Levels Provided to you will help you and Give you a Little bit of idea.

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