Niftymetals

Sunday, May 20, 2018

Metal Index ....is weak...

My take is....."Tata Steel" ...sell on rally....

Reliance trading below support......

As per Narayanan......call is in sell mode.....

Take care.....

Nifty future 10638.....is important support....

As long as trading below 10871 and 26569....trend is not up.....wait for direction...

Index not able to close above 10871......just stay away.....

Asian paint trading above 2nd Breakout Level......now 2nd resistance 1342.20....

SBIN future nearing to 257.40...first level...

HDFC ......nearing and may hit 1943.90 / 1948.60...

SBIN 250 call....1st level 11.25...

Today....

Nifty 10751...is solid support......resistance ....10871.70
Bank Nifty 26140 is solid support...resistance....26634.40

Main Trend no change...put option chart is self explanatory.......

HDFC - verge of Breakout...

Premium is 480+.......not expecting option oneside move today...have patience....

SBI...has to support....

Congrats Sir....

Nifty future 10734....deciding point for next 1 hour....trend....