Nifty hit the high 11238, just near the resistance gap of 11244, and erased all the gains during the day. This was the first negative close in the last 5 days.
The Nifty faces a strong resistance at the downsloping trendline from all-time highs.
The Nifty is likely to pullback upto 200 DMA at around 10864.
But the line of least resistance remains up as long as Nifty is above the rising trendline from March lows.
Here are the stocks as per my Swing Trading System for the day. You can look to enter these stocks on a limit price of 2-3% from the previous close.
If you want to know how these signals are generated, check out my strategies section.