EOD Review on 31 May 2023
My System Levels:
1) Levels to watch are 18686.85 and 18572.25
2) Sell Below 18529.1 SL 18582.36 TGT 18455.56, 18430.56
3) Buy Above 18635.62 SL 18582.36 TGT 18686.85, 18739.98, 18799.36
4) Supports/Resistances to Watch For :-
18455.56
18510.78
18570.16
18625.38
18684.76
18739.98
18799.36
Camarilla Levels:
1) Sell Below 18566.52 SL 18598.04 TGT 18522.45, 18494.95
2) Sell Below 18661.07 SL 18692.58 TGT 18640.06, 18619.05, 18598.04
3) Buy Above 18598.04 SL 18566.52 TGT 18619.05, 18640.06, 18661.07
4) Buy Above 18692.58 SL 18661.07 TGT 18724.15, 18751.65
BANKNIFTY : Levels to watch are 44461.02 and 44022.27
USDINR-1 : Levels to watch are 82.82 and 82.7
RELIANCE : Levels to watch are 2510.32 and 2467.97
SBIN : Levels to watch are 587.12 and 580.88
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Position as per Trade with Trend :
RELIANCE(Futures) Sold at 2505.38 StopLoss 2540.58| Profit so far 16.23
NIFTY(Futures) Holding Long taken at 18298.3 On 22-05-2023 StopLoss 18622.75 | Profit so far 331.25
BANKNIFTY(Futures) Holding Long taken at 43948.18 On 26-05-2023 StopLoss 44155.45 | Profit so far 293.47
SBIN(Futures) Holding Long taken at 582.67 On 29-05-2023 StopLoss 581.75 | Profit so far 1.33
NIFTY(Indices) Sold at 18496.63 StopLoss 18635.85| Profit so far -37.77
BANK_NIFTY(Indices) Holding Long taken at 43941.85 On 26-05-2023 StopLoss 44074.72 | Profit so far 186.3
NIFTYBEES(BEES) Holding Long taken at 201.38 On 26-05-2023 StopLoss 202.81 | Profit so far 2.28
BANKBEES(BEES) Holding Long taken at 445.91 On 26-05-2023 StopLoss 447.56 | Profit so far 2.84
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Nifty Options Data:
Highest OI : NIFTY18500PE NIFTY19000CE
Highest Rise in OI : NIFTY18500PE NIFTY18500CE
Highest Fall in OI : NIFTY18300PE NIFTY17000CE
Highest Volume : NIFTY18500PE NIFTY18500CE
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BankNifty Options Data:
Highest OI : BNF0162343500PE BNF0162344500CE
Highest Rise in OI : BNF2962343000PE BNF0162344200CE
Highest Fall in OI : BNF0162344500PE BNF0162344500CE
Highest Volume : BNF0162344000PE BNF0162344000CE
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Market Mood as on May 31,2023″”
FII Mood – Weak Bearish
Retailers Mood – Weak Bearish
Overall Market Mood – Weak Bearish
——————–
Long Build Up: TORNTPHARM, KOTAKBANK, ABB, BHARTIARTL, SYNGENE
Short Covering: BALKRISIND, DIVISLAB, DABUR, NESTLEIND, BRITANNIA
Short Build Up: INDUSTOWER, HAL, POLYCAB, MARUTI, RELIANCE
Long Unwinding: SHREECEM, RAMCOCEM, MPHASIS, NIFTY, OBEROIRLTY
——————–
Volume Shockers (Futures) :
BHARTIARTL
KOTAKBANK
TORNTPHARM
INDUSTOWER
HAL
——————–
Swing Trading (Futures):
1. COALINDIA Sell Below 237.46
2. NTPC Sell Below 175.29
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Swing Trading (NSE Cash Scrips):
POWERGRID Buy Above 233.85 SL 230
STAR Buy Above 359.3 SL 352.2
TATAELXSI Sell Below 7421.55 SL 7590
GMRINFRA Long Intraday Below 40.10 SL 39.90
HINDZINC Long Intraday Below 302.88 SL 301.36
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Hot Stocks (Price Action):
ARCHIES
BIL
ICIL
NRBBEARING
TORNTPHARM
ASTRAZEN
SRHHYPOLTD
ARMANFIN
SIGIND
AHLADA , Red Candles
Possible MultiBagger Stock :
ICIL(4)
SOMICONVEY(3)
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Very High Delivery Volume Stocks
BRITANNIA : 30.85 times more
HDFC : 24.71 times more
SONACOMS : 23.82 times more
KOTAKBANK : 19.4 times more
JSWSTEEL : 19.24 times more
INDUSTOWER : 17.16 times more
COLPAL : 16.66 times more
POLYCAB : 16.53 times more
NTPC : 16.42 times more
BPCL : 15.12 times more
SHREECEM : 14.81 times more
MAXHEALTH : 14.06 times more
RHIM : 13.91 times more
HINDPETRO : 11.51 times more
ATGL : 10.87 times more
NOCIL : 10.83 times more
ADANITRANS : 10.55 times more
HAL : 10.13 times more
AXISBANK : 9.53 times more
DRREDDY : 8.39 times more
BHARTIARTL : 8.36 times more
DIVISLAB : 8.2 times more
PETRONET : 8.15 times more
NESTLEIND : 7.98 times more
CANFINHOME : 7.81 times more
HAVELLS : 7.5 times more
CHOLAFIN : 6.71 times more
INDHOTEL : 6.5 times more
IIFL : 6.31 times more
ONGC : 5.75 times more
HINDALCO : 5.72 times more
MARUTI : 5.7 times more
ABB : 5.52 times more
HDFCLIFE : 5.5 times more
PIIND : 5.5 times more
SBICARD : 5.45 times more
KFINTECH : 5.26 times more
——————–
5 Best Performing Stocks since Expiry:
SUZLON, MEDPLUS, ECLERX, BCG, BORORENEW
——————–
5 Worst Performing Stocks since Expiry:
LODHA, ATGL, CAMPUS, ADANITRANS, CEATLTD
—————
Pivot Based Short Term Ideas
APARINDS : Buy Above 2795 CSL Below 2722.85
HFCL : Buy Above 64.9 CSL Below 63.56667
DELHIVERY : Sell Below 347.05 CSL Above 359.6
LODHA : Sell Below 529.85 CSL Above 927.5833
—————–
RSI Based OverSold/OverBought Stocks:
OverSold Stocks: BOSCHLTD, COCHINSHIP, GMRINFRA, ITC, JKLAKSHMI, PAGEIND, SUPREMEIND,
OverBought Stocks: AMBER, BRITANNIA, CESC, CGPOWER, CAMS, DEEPAKNTR, DIXON, HFCL, HINDCOPPER, IDFCFIRSTB, INDIGOPNTS, INTELLECT, JMFINANCIL, KNRCON, MEDPLUS, PRINCEPIPE, TANLA, RAMCOCEM, MCDOWELL-N, VIJAYA, ZENSARTECH,
——————–
Turtle Trend Trading :
GSPL Bought at 303
L&TFH Bought at 104.1
APLLTD SL HIT : Long took at 571.35 on 20230508 Stoploss 543.05 | Profit Booked -28.30(-4.95%)
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DMA Based Trend Trading (without SL, Reccomended TGT 10%, Avg on Lower prices on Signal) :
ADANIENT Place Order at 2326.1
ADANIPORTS Place Order at 688.1
——————–
Bottom Fishing Trading (without SL, Reccomended TGT 10%, Avg on Lower prices on Signal) :
BPCL Bought at 362.36
BPCL Place Order at 326.12
ICICIBANK Place Order at 951.04
RELIANCE Place Order at 2471.75
SBIN Place Order at 584.27
ONGC Modify Buy Order at 157.55
DRREDDY Existing Buy Order at 4603.25
LT Existing Buy Order at 2262.75
BHARTIARTL TGT HIT : Long taken at 772.59 Booked at 849.85 | Profit Booked 77.26(10.00%)
Astro Predictions for 01-Jun-2023
Market Nature : VOLATILE
Reversal Timings :
From 10:24 to 11:30
09:19