Wednesday, May 22, 2019

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...




Monday, May 20, 2019

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...








Sunday, May 19, 2019

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...



Saturday, May 18, 2019

Index


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



Friday, May 17, 2019

Index Future levels for the day...


Nifty resistance  11338.80....support 11262.80

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




Wednesday, May 15, 2019

Revised level.....Reliance Capital



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

CMP 106.50...(future)...


Tuesday, May 14, 2019

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...


Monday, May 13, 2019

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...


Friday, May 10, 2019

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...


Thursday, May 9, 2019

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....