Stock market today: Nifty 50 trade setup & 5 stocks to buy or sell on Monday Key level to watch: 22,200; potential pullback to 22,300 possible
Stock Market Today: Trade Setup for Nifty 50 – March 3, 2025
As we dive into the stock market on March 3, 2025, all eyes are on the Nifty 50 and its performance in the global arena. Experts suggest that the index’s key level to monitor is 22,200. A dip below this level could lead to a further slip to 22,000-21,800. However, if the Nifty manages to sustain above 22,200, traders may witness a quick pullback rally up to 22,300.
Global Markets Influence
Global market trends can significantly impact the Nifty 50. As international indices fluctuate, they can create ripples in the Indian stock market. Keeping an eye on these global cues is essential for making informed trading decisions.
Stocks to Buy or Sell on Monday
Here’s a list of five stocks that traders should consider for Monday:
- Reliance Industries: Buy on dips for long-term gains.
- Tata Consultancy Services (TCS): Hold for steady returns.
- Infosys: Consider selling if it breaches key support levels.
- HDFC Bank: Buy for potential upward movement.
- Bharti Airtel: Watch for a sell signal if it drops below recent support.
Conclusion
In summary, traders should be vigilant as the Nifty 50 approaches crucial levels. Utilize your strategies wisely and keep an eye on the global market influences. And don’t forget to check out Looffers.com for the best deals and discounts on your trading needs!
