Nifty strategy for 05-06-2026Nifty 50 IndexNSE:NIFTYviswanath_ktcNifty may open on gap up note as per Gift nifty around at 23460 levels in today session. coming to yesterday session nifty opened around at 23280 levels which is good support level for short period from these level bulls pushed forward the nifty upto 23465 levels and finally closed in the green by forming bullish candle on daily charts. A bullish candle formed after dragon fly doji it is indicated bullish sentiment existed in the current market. In todays session a major event which is RBI Monetery policy outcome at 10 A.M all eyes on this outcome majority of traders expect hawkish tone in this policy meet so i am expecting some volatality from todays session. Nifty strategy : Buy price : 23350 stop loss :23290(on daily closing basis) 1st target : 23449 2nd target : 23540 Stock of the day : SBI in this stock formed a bullish candle after morning star formation which is bullish formation after the 20% falling from its recent highs i.e 1150 levels to 935. I am expecting some bounce back in this stock from this level so that I am advised to traders add this stock to your portfilios with strict stoplosses. Buy price : opening price (for risky traders) : 960(for safe traders) stop loss :936(on daily closing basis) 1st target : 988 2nd target : 1015 Disclaimer : I am not a SEBI Research Analyst please take advise from your financial advisor before take position based on my recommendation. Thanking for your support if liked my content please suggest to your friends to follow my channel Please drop a comment on whether my recommendation is useful and correct my mistakes