Index

Ms.Sheetal....observation.....

Chart is self-explanatory...

(Mulkey...check your hangout....).....

Reliance

Punit says...reliance target 1344.60..today...cmp 1328..

Check and trade...

Index

11900 call option swing range 42 ~ 132..for tomorrow...

CMP 83...

11700 call option

Courtesy : Ms.Sheetal...

11700 call stiff  resistance 387......saturation level for Nifty Index...

No positional view for next week..

Next week onwards...we are going to be very much active.... team is set for more analysis - Sheetal/Punit/Saravanan and myself....

More focus on only Index / Options ..... script Reliance...

Aim is big..... let us start from next week...

Congrats team for your efforts...

Index

Now..almost  premium wiped out both in call and put option....and call option is holding the support level...

The volatility band is almost 380 points swing...

No positional view.......next week...

Always swing reversals can be used as opportunity...

Thanks to Ms.Sheetal for the input....

Index

No long...

Don't carryover on election result...

Election drama is over .......  don't carryover the result...

Sell on rally is intact....

I am expecting deep cut in the coming days...

Finally BJP is going to form the Governement

தோற்றவன்  (மன) நிலை 

Nifty

I am maintaining my view...sell on rally....

Premium

Premium now 368 from 532....

Our chotu punit (BJP man) is celebrating ... congrats chotu...

Election

Total premium is 532 points...swing...

As such no position at our end...for election....

My take finally sell only..

Hope...tomorrow ...near to tail end...we may get opportunity..

Sure...will encash...

Don'y carryover

All paid medias ...exit poll predictions may not be right.. (Least bothered who is going to win...A or B...both are useless)...

My point is ...be cautious on longs...wait for wednesday trend set up...

Exit polls - projection..by Media

Loweest 242 to highest 333 swing... 

Exit Polls

Expected as per chart..

Bank Nifty 1720 points swing..
Nifty 624 points swing...

2014 may not repeat for sure...

Let us decide final tally and trade on wednesday...

Index

Ms. Sheetal's observation....chart is self explanatory (pullback reversal is "on")..

Index Future levels for the day...

Nifty resistance  11338.80....support 11262.80

Bank Nifty resistance 29196.90..... support 28848.60...

Revised level.....Reliance Capital

Now...downside target has shifted to 64 from 88......

CMP 106.50...(future)...

Index

Main trend is sell on Rally...

Pullback may be possible .... pullback resistance level 11417...(future)...

I prefer sell on rally....near 11417...(on reversal)...

Index

As such pullback reversal not visible....

Let us see 2.30 candle...

Election outcome

My take is as such sell on rally...

Now resistance based on completed 6th phase polling.... shifted below 192....from 202...

Read the chart..... 

Index

Trend is down....

Nifty

11200 call stiff resistance 168....

Nifty final support 11185.20...

S & P falling

S & P ....2874 below closed yesterday.....falling....nicely...

"Time" has come....

Index - weekly closing

Both Indices are weak...

Future levels..

Crucial support  for Nifty 11244.90
Crucial support broken for Bank Nifty 28942.80

Index (for the day)

Index no pullback as such...

My take is sell on rally...

Index

Sell on Rally...

Where to sell...

Check June 11700 put.....crossover level is (again) buying opportunity or selling nifty...

6th Phase polling is on 9th...... 10th picture will be clear...

As per 5th phase completed polling...market suggesting  ... as such 203 is resistance....

Index

Bank Nifty reached 29024.80
Nifty reached 11371.90

Trend is weak.....

==========

TUESDAY, MAY 7, 2019

Index Futures

Bank Nifty...next target 29024.80..

Nifty .....next target 11371.90...

Index Futures

Bank Nifty...next target 29024.80..

Nifty .....next target 11371.90...

Rel Capital

Reliance capital breakdown.....

Reliance

Reliance s/l hit...

Reliance

Reliance today support or buying level 1364.30 level keeping s/l 1356.70...

Nifty

Nifty...neutral...

However...call option .... different indication...

Market Vs Outcome of Election.

Almost ....election outcome...has been building up in the trend...

As per this week level...

Tentative Election outcome outline......as per chart.... "over confidence  is loosing stream..resistance 201 as such"

This is as per today .....

Election outcome we may predict in advance for sure...we can predict and trade..

Let us see...how to encash the election outcome..... 

Follow up - Yesterday my view on Index

My plan is to buy call option if price opens above our level.....not met the condition...chart is self-explanatory....

Today market opened down (Call not opened above aqua....opened below orange)....as such no entry....

Index - My take...

Nifty 11700 call is holding above 311...

If...tomorrow.....our strategy confirms the uptrend....my take is buy Nifty...

Will wait for confirmation...

Details will post in hangout...

Index

Nifty....analysis / observation by Ms.Sheetal...

As long as holding 11726....her preference is (any dip) buy nifty  or sell put option..

(keeping s/l as 11694)....

Chart is self-explanatory...

Bank Nifty

25985 will act as s/l...and visible upside 30269.....future...

Index

No positional view...

Nifty range for tomorrow 11702.80 ~ 11821.60...(Future)

Take care..

Good observation sheetal

Bank Nifty your (observation) 29800 call reached 89...

Good ... keep it up...

Bank Nifty

Sheetal's obervation...

29800 call  support is 34...cmp 47....visible resistance 89...

(I am neutral...just her observation....no entry from my side)..

Index

Nifty tomorrow.....Range 11717 ~ 11859

Bank Nifty tomorrow...Range 29708  ~  30348

As such ....no positional view...for next 10 days....

Nymex Crude

Nymex crude positional trend is up...

My take is....any deep cut....buy and sell..