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..

Index Today

Future Levels

Nifty support 11721.40 (hourly candle)
Bank Nifty support 29734.30 (hourly candle)

Index

Range is 11544.80 ~ 12044.60...

No positional view...

Reliance

Reliance 1363 will act as support....

Chart is self-explanatory...

Election Result vs premium

Starting of 1st Phase polling...premium was 762.45...today 639.....

2014...one day before the result ......premium was 538....

My take.... if premium goes up again...I will sell....

Index - for today

Both call and put option trading below buying level.....as such no oneside move...

11700 put trading below 84.20
11600 call trading below 123.90...

Index

No positional view now...

Weekly top sell (red level)..... break below orange further short...

If you will take positional view and trade...sure failure...

Use weekly level and play with swing reversal..

Tricky game.... be cautious...

Reliance booked

Congrats Punit....

Also.... thanks to Sheetal for the information....of reliance support level and buy in the morning..

Perfect analysis sheetal...keep it up...

Nifty

Nifty hit  11789...

Bank Nifty

Bank Nifty support (Hourly candle closing basis) 29854.80

Upside 1st visible resisitance 30108.70..

Index

Now 11682 (future) will act as support...

11751.60 above target 11788.90...

Index

Details in the hangout..