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Stock market today: Trade setup for Nifty 50 to US Fed rate; five stocks to buy or sell on Tuesday

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On the outlook for Nifty today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, “Nifty continued to show range-bound action within 23,300 to 23,500 levels, and still, there are no early signs of any breakouts on either side. A decisive move above 23,500 levels is likely to open an upside breakout, and a slide below 23,300 levels could mean a chance of downside breakout of the range movement in the near term."

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