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.....

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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....