EOD Review on 17 May 2023

My System Levels:

1) Levels to watch are 18309.88 and 18139.12

2) Sell Below 18272.63 SL 18331.45 TGT 18139.12, 18066.07, 17974.54
3) Buy Above 18390.27 SL 18331.45 TGT 18407.57, 18486.79

4) Supports/Resistances to Watch For :-

17974.54
18066.07
18145.29
18236.82
18316.04
18407.57
18486.79

Camarilla Levels:
1) Sell Below 18130.59 SL 18177.54 TGT 18092.71, 18051.73
2) Sell Below 18271.46 SL 18318.41 TGT 18240.15, 18208.85, 18177.54
3) Buy Above 18177.54 SL 18130.59 TGT 18208.85, 18240.15, 18271.46
4) Buy Above 18318.41 SL 18271.46 TGT 18393.23, 18434.21
BANKNIFTY : Levels to watch are 43966.15 and 43476.15

USDINR-1 : Levels to watch are 82.47 and 82.3

RELIANCE : Levels to watch are 2462.05 and 2429.65

SBIN : Levels to watch are 593.55 and 582.55

——————–
Position as per Trade with Trend :
NIFTY(Futures) Sold at 18271.82 StopLoss 18415.73| Profit so far 47.32
BANKNIFTY(Futures) Holding Long taken at 43503.27 On 12-05-2023 StopLoss 43645.98 | Profit so far 217.88
SBIN(Futures) Holding Long taken at 581.02 On 12-05-2023 StopLoss 580.07 | Profit so far 7.03
RELIANCE(Futures) Holding Short taken at 2475.9 On 16-05-2023 StopLoss 2490.45 | Profit so far 30.05

NIFTY(Indices) Sold at 18248.93 StopLoss 18400.08| Profit so far 67.18
BANK_NIFTY(Indices) Holding Long taken at 43563.71 On 12-05-2023 StopLoss 43642.9 | Profit so far 134.99
NIFTYBEES(BEES) Holding Long taken at 187.39 On 31-03-2023 StopLoss 199.73 | Profit so far 12.37
BANKBEES(BEES) Holding Long taken at 440.68 On 12-05-2023 StopLoss 440.9 | Profit so far 2.18
——————–
Nifty Options Data:
Highest OI : NIFTY18100PE NIFTY18200CE
Highest Rise in OI : NIFTY17900PE NIFTY18200CE
Highest Fall in OI : NIFTY18400PE NIFTY18650CE
Highest Volume : NIFTY18200PE NIFTY18200CE
——————–
BankNifty Options Data:
Highest OI : BNF1852343500PE BNF1852344000CE
Highest Rise in OI : BNF1852343500PE BNF1852343800CE
Highest Fall in OI : BNF1852344000PE BNF1852345500CE
Highest Volume : BNF1852343500PE BNF1852344000CE
——————–
Market Mood as on May 17,2023″”
FII Mood – Weak Bearish
Retailers Mood – Weak Bearish
Overall Market Mood – Weak Bearish

——————–
Long Build Up: EXIDEIND, COROMANDEL, DIXON, RAMCOCEM, JUBLFOOD
Short Covering: ITC, OFSS, GODREJCP, GNFC, COFORGE

Short Build Up: ATUL, JINDALSTEL, WHIRLPOOL, MCX, INDUSTOWER
Long Unwinding: NAVINFLUOR, ICICIBANK, NIFTY, METROPOLIS, GLENMARK
——————–
Volume Shockers (Futures) :
BHEL
LICHSGFIN
EXIDEIND
JUBLFOOD
DIXON
OBEROIRLTY
——————–
Swing Trading (Futures):
1. OBEROIRLTY Sell Below 927.99
2. KOTAKBANK Sell Below 1929.13
3. TCS Sell Below 3243.26
4. RELIANCE Sell Below 2433.28
——————–
Swing Trading (NSE Cash Scrips):
HDFCBANK Buy Above 1638.45 SL 1625.35
HDFC Long Intraday Below 2674.76 SL 2661.32
JINDALSTEL Long Intraday Below 527.65 SL 525.00
JSWSTEEL Long Intraday Below 688.34 SL 684.88
RELINFRA Long Intraday Below 135.72 SL 135.04
SUNPHARMA Long Intraday Below 924.21 SL 919.56
——————–
Hot Stocks (Price Action):

PRECWIRE
TANLA
GLOBUSSPR
AMBER
CREDITACC
KAYNES
AHL

Possible MultiBagger Stock :
RML(4)
——————-
Very High Delivery Volume Stocks
AMBER : 15.31 times more
TANLA : 9.7 times more
JINDALSTEL : 7.65 times more
STLTECH : 6.8 times more
CREDITACC : 6.61 times more
IDBI : 5.63 times more
METROPOLIS : 5.23 times more

——————–
5 Best Performing Stocks since Expiry:
CHOLAHLDNG, CEATLTD, ZENSARTECH, ICIL, INTELLECT

——————–
5 Worst Performing Stocks since Expiry:
ATGL, IBREALEST, ADANITRANS, GAEL, TCNSBRANDS

—————
Pivot Based Short Term Ideas
HINDZINC : Buy Above 313.6 CSL Below 312.0667
SUZLON : Buy Above 8.8 CSL Below 8.316667
THYROCARE : Buy Above 466.4 CSL Below 461.6667
KNRCON : Sell Below 240.9 CSL Above 243.7667
ZYDUSWELL : Sell Below 1475.05 CSL Above 1538.817
—————–
RSI Based OverSold/OverBought Stocks:
OverSold Stocks: AAVAS, ABBOTINDIA, HDFCBANK, HDFC, INDIANB, JKPAPER, OFSS, REDINGTON,
OverBought Stocks: ALOKINDS, AMBER, BAJAJELEC, BSOFT, CGPOWER, CANFINHOME, CREDITACC, EICHERMOT, GLENMARK, GUJALKALI, ISEC, INTELLECT, L&TFH, LODHA, MIDHANI, NESCO, NETWORK18, RATNAMANI, RELAXO, SBIN, TASTYBITE, UJJIVAN, ZENSARTECH,

——————–
Turtle Trend Trading :
BANDHANBNK Bought at 241.4
GODREJIND Bought at 461
OBEROIRLTY Bought at 956
IDEA Bought at 7.3

DMART SL HIT : Long took at 3666.7 on 20230508 Stoploss 3440 | Profit Booked -226.70(-6.18%)

——————–
DMA Based Trend Trading (without SL, Reccomended TGT 10%, Avg on Lower prices on Signal) :
No New Trade
——————–
Bottom Fishing Trading (without SL, Reccomended TGT 10%, Avg on Lower prices on Signal) :
GRASIM Bought at 1738.48

GRASIM Place Order at 1564.63
KOTAKBANK Place Order at 1917.3

DRREDDY Existing Buy Order at 4667.25
HINDALCO Existing Buy Order at 372.61
LT Existing Buy Order at 2262.75

Astro Predictions for 18-May-2023
Market Nature : VOLATILE

Reversal Timings :
From 09:20 to 10:24
From 11:29 to 12:34