EOD Review on 18 May 2023

My System Levels:

1) Levels to watch are 18262.32 and 18088.57

2) Sell Below 18236.72 SL 18295.86 TGT 18088.57, 18043.18, 17935.56
3) Buy Above 18355 SL 18295.86 TGT 18390.68, 18456.81

4) Supports/Resistances to Watch For :-

17935.56
18043.18
18109.31
18216.93
18283.06
18390.68
18456.81

Camarilla Levels:
1) Sell Below 18079.89 SL 18127.67 TGT 18043.08
2) Sell Below 18223.23 SL 18271.01 TGT 18191.38, 18159.52, 18127.67
3) Buy Above 18127.67 SL 18079.89 TGT 18159.52, 18191.38, 18223.23
4) Buy Above 18271.01 SL 18223.23 TGT 18390.58, 18432.28
BANKNIFTY : Levels to watch are 43948.05 and 43602.85

USDINR-1 : Levels to watch are 82.74 and 82.42

RELIANCE : Levels to watch are 2452.2 and 2426.3

SBIN : Levels to watch are 585.47 and 564.03

——————–
Position as per Trade with Trend :
SBIN(Futures) Sold at 580.07 StopLoss 592.48| Profit so far 5.32
BANKNIFTY(Futures) Holding Long taken at 43503.27 On 12-05-2023 StopLoss 43673.52 | Profit so far 272.18
NIFTY(Futures) Holding Short taken at 18271.82 On 17-05-2023 StopLoss 18366.22 | Profit so far 96.37
RELIANCE(Futures) Holding Short taken at 2475.9 On 16-05-2023 StopLoss 2474.78 | Profit so far 36.65

BANK_NIFTY(Indices) Holding Long taken at 43563.71 On 12-05-2023 StopLoss 43645.27 | Profit so far 188.59
NIFTY(Indices) Holding Short taken at 18248.93 On 17-05-2023 StopLoss 18346.18 | Profit so far 118.98
NIFTYBEES(BEES) Sold at 199.73 StopLoss 201.74| Profit so far 0.68
BANKBEES(BEES) Holding Long taken at 440.68 On 12-05-2023 StopLoss 442.62 | Profit so far 3.11
——————–
Nifty Options Data:
Highest OI : NIFTY18100PE NIFTY18200CE
Highest Rise in OI : NIFTY18100PE NIFTY19100CE
Highest Fall in OI : NIFTY18200PE NIFTY18550CE
Highest Volume : NIFTY18200PE NIFTY18200CE
——————–
BankNifty Options Data:
Highest OI : BNF1852343700PE BNF1852344000CE
Highest Rise in OI : BNF1852343700PE BNF1852343800CE
Highest Fall in OI : BNF1852342000PE BNF1852344500CE
Highest Volume : BNF1852343800PE BNF1852344000CE
——————–
Market Mood as on May 18,2023″”
FII Mood – Weak Bearish
Retailers Mood – Weak Bullish
Overall Market Mood – Volatile/Indecisive with Weak Bearish

——————–
Long Build Up: CANFINHOME, SBICARD, CHOLAFIN, MCDOWELL-N, BANKNIFTY
Short Covering: WHIRLPOOL, BALRAMCHIN, DIXON, BANDHANBNK, INDUSINDBK

Short Build Up: RAMCOCEM, SBIN, GAIL, CHAMBLFERT, ITC
Long Unwinding: GNFC, LICHSGFIN, METROPOLIS, ESCORTS, IGL
——————–
Volume Shockers (Futures) :
GAIL
GRASIM
ITC
SBIN
RAMCOCEM
WHIRLPOOL
ZYDUSLIFE
——————–
Swing Trading (Futures):
1. GODREJPROP Sell Below 1322.62
2. BANKBARODA Sell Below 181.33
3. SBIN Sell Below 567.91
4. ITC Sell Below 419.1
——————–
Swing Trading (NSE Cash Scrips):
CUMMINSIND Sell Below 1644.05 SL 1680
EXIDEIND Short Intraday Above 209.69 SL 210.74
JINDALSTEL Long Intraday Below 518.94 SL 516.33
SUNPHARMA Long Intraday Below 917.84 SL 913.23
——————–
Hot Stocks (Price Action):

HONAUT
JINDALSAW
NIPPOBATRY
REMSONSIND
JUBLINDS
GPTINFRA
RBA
SHAILY

Possible MultiBagger Stock :
APTECHT(4)
EIHOTEL(3)
BIRLACABLE(4)
RBA(3)
——————-
Very High Delivery Volume Stocks
JKTYRE : 9.05 times more
EIHOTEL : 8.13 times more
EMAMILTD : 6.41 times more
THERMAX : 6.11 times more
IBULHSGFIN : 5.47 times more

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

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

—————
Pivot Based Short Term Ideas
GAIL : Sell Below 104.8 CSL Above 107.5333
HINDZINC : Sell Below 310 CSL Above 312.0667
INDUSTOWER : Sell Below 147 CSL Above 150.4
NETWORK18 : Sell Below 57.5 CSL Above 57.86667
RCF : Sell Below 104.75 CSL Above 105.3333
SUNTV : Sell Below 425.6 CSL Above 427.1333
THERMAX : Sell Below 2255 CSL Above 2294.55
THYROCARE : Sell Below 457 CSL Above 461.6667
VAIBHAVGBL : Sell Below 297.5 CSL Above 305.3667
—————–
RSI Based OverSold/OverBought Stocks:
OverSold Stocks: AAVAS, ABBOTINDIA, HDFCBANK, HDFC, ICICIGI, INDIANB, JKPAPER, SUPREMEIND, SUPPETRO,
OverBought Stocks: ALOKINDS, AMBER, BAJAJELEC, BIOCON, BSOFT, CANFINHOME, GLENMARK, GUJALKALI, IDFC, INTELLECT, JUBLFOOD, KNRCON, L&TFH, MMTC, LODHA, MIDHANI, TANLA, TASTYBITE,

——————–
Turtle Trend Trading :
BALKRISIND Bought at 2186.4

JSWSTEEL SL HIT : Long took at 737.4 on 20230502 Stoploss 691.15 | Profit Booked -46.25(-6.27%)

——————–
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) :
KOTAKBANK Bought at 1917.3

ADANIPORTS Place Order at 682.5
KOTAKBANK Place Order at 1725.57
POWERGRID Place Order at 238.35

DRREDDY Modify Buy Order at 4625.14

GRASIM Existing Buy Order at 1564.63
HINDALCO Existing Buy Order at 372.61
LT Existing Buy Order at 2262.75

Astro Predictions for 19-May-2023
Market Nature : SIDEWAYS

Reversal Timings :
09:19