EOD Review on 23 May 2023

My System Levels:

1) Levels to watch are 18406.43 and 18325.18

2) Sell Below 18206.39 SL 18264.5 TGT
3) Buy Above 18322.61 SL 18264.5 TGT 18406.43, 18462.1, 18495.2

4) Supports/Resistances to Watch For :-

18251.45
18299.6
18332.7
18380.85
18413.95
18462.1
18495.2

Camarilla Levels:
1) Sell Below 18321.11 SL 18343.46 TGT 18297.38
2) Sell Below 18388.14 SL 18410.49 TGT 18373.25, 18358.35, 18343.46
3) Buy Above 18343.46 SL 18321.11 TGT 18358.35, 18373.25, 18388.14
4) Buy Above 18410.49 SL 18388.14 TGT 18459.88, 18479.38
BANKNIFTY : Levels to watch are 44070.5 and 43892.5

USDINR-1 : Levels to watch are 82.88 and 82.79

RELIANCE : Levels to watch are 2463.82 and 2450.07

SBIN : Levels to watch are 585.75 and 578.65

——————–
Position as per Trade with Trend :
NIFTY(Futures) Holding Long taken at 18298.3 On 22-05-2023 StopLoss 18208.97 | Profit so far 67.5
BANKNIFTY(Futures) Holding Long taken at 43503.27 On 12-05-2023 StopLoss 43709.17 | Profit so far 478.23
RELIANCE(Futures) Holding Short taken at 2475.9 On 16-05-2023 StopLoss 2461.57 | Profit so far 18.95
SBIN(Futures) Holding Short taken at 580.07 On 18-05-2023 StopLoss 583.6 | Profit so far -2.13

NIFTY(Indices) Holding Long taken at 18274.77 On 22-05-2023 StopLoss 18187.81 | Profit so far 73.23
BANK_NIFTY(Indices) Holding Long taken at 43563.71 On 12-05-2023 StopLoss 43689.66 | Profit so far 390.74
BANKBEES(BEES) Holding Long taken at 440.68 On 12-05-2023 StopLoss 443.33 | Profit so far 4.69
NIFTYBEES(BEES) Holding Short taken at 199.73 On 18-05-2023 StopLoss 202.54 | Profit so far -1.29
——————–
Nifty Options Data:
Highest OI : NIFTY18300PE NIFTY18400CE
Highest Rise in OI : NIFTY18300PE NIFTY18400CE
Highest Fall in OI : NIFTY17700PE NIFTY18200CE
Highest Volume : NIFTY18400PE NIFTY18400CE
——————–
BankNifty Options Data:
Highest OI : BNF2552344000PE BNF2552344000CE
Highest Rise in OI : BNF2552344000PE BNF2552344100CE
Highest Fall in OI : BNF2552341500PE BNF2552343800CE
Highest Volume : BNF2552344000PE BNF2552344000CE
——————–
Market Mood as on May 23,2023″”
FII Mood – Weak Bullish
Retailers Mood – Weak Bullish
Overall Market Mood – Weak Bullish

——————–
Long Build Up: DELTACORP, CROMPTON, ABFRL, INDUSINDBK, HEROMOTOCO
Short Covering: METROPOLIS, WHIRLPOOL, MCX, INFY, BALKRISIND

Short Build Up: VEDL, POWERGRID, ONGC, APOLLOHOSP, ICICIGI
Long Unwinding: ALKEM, INTELLECT, INDIGO, L&TFH, BALRAMCHIN
——————–
Volume Shockers (Futures) :
GNFC
DELTACORP
ABFRL
——————–
Swing Trading (Futures):
1. MCX Buy Above 1387.84
——————–
Swing Trading (NSE Cash Scrips):
CUMMINSIND Sell Below 1684.7 SL 1705
ADANIENT Short Intraday Above 2773.25 SL 2787.04
RAMCOCEM Short Intraday Above 895.56 SL 900.01
HINDZINC Long Intraday Below 305.56 SL 304.03
——————–
Hot Stocks (Price Action):

KIRLOSIND
REPCOHOME
HISARMETAL
NACLIND
ZUARIIND

Possible MultiBagger Stock :
TIMESGTY(3)
VALIANTORG(3)
——————-
Very High Delivery Volume Stocks
EMAMILTD : 11.5 times more
VARROC : 10.1 times more
MSUMI : 8.75 times more
NCC : 8.14 times more
GOCOLORS : 6.59 times more
CHOLAFIN : 5.32 times more

——————–
5 Best Performing Stocks since Expiry:
BCG, CHOLAHLDNG, ADANIENT, CEATLTD, ZENSARTECH

——————–
5 Worst Performing Stocks since Expiry:
GLAND, IBREALEST, ATGL, MANAPPURAM, TCNSBRANDS

—————
Pivot Based Short Term Ideas
BAJAJHLDNG : Buy Above 6680 CSL Below 6520.983
EASEMYTRIP : Buy Above 47.2 CSL Below 46.5
FINEORG : Buy Above 4500.3 CSL Below 4406.217
SHRIRAMFIN : Buy Above 1380.35 CSL Below 1355.967
DATAPATTNS : Sell Below 1584.3 CSL Above 1597.467
JBMA : Sell Below 750 CSL Above 765.8167
—————–
RSI Based OverSold/OverBought Stocks:
OverSold Stocks: AAVAS, HDFC, INDUSINDBK, JKPAPER, LATENTVIEW, SUPREMEIND,
OverBought Stocks: ADANIENT, AMBER, APTUS, BSOFT, DEVYANI, KNRCON, MMTC, LODHA, NH, RATNAMANI, SOBHA, SUZLON, TATAMOTORS, TEAMLEASE, RAMCOCEM,

——————–
Turtle Trend Trading :
FORTIS Bought at 285
LTTS Bought at 3917.6

——————–
DMA Based Trend Trading (without SL, Reccomended TGT 10%, Avg on Lower prices on Signal) :
ADANIPORTS TGT HIT : Long taken at 691 Booked at 760.10 | Profit Booked 69.10(10.00%)
BANDHANBNK TGT HIT : Long taken at 231.9 Booked at 255.09 | Profit Booked 23.19(10.00%)

ADANIENT Place Order at 2326.1
ADANIPORTS Place Order at 688.1
AMBUJACEM Place Order at 423.9
PEL Place Order at 774.45

——————–
Bottom Fishing Trading (without SL, Reccomended TGT 10%, Avg on Lower prices on Signal) :
TITAN Place Order at 2687.21

DRREDDY Existing Buy Order at 4603.25
GRASIM Existing Buy Order at 1564.63
LT Existing Buy Order at 2262.75
POWERGRID Existing Buy Order at 214.52

DIVISLAB Remove Existing Buy Order at 2915.8
HINDALCO Remove Existing Buy Order at 372.61

Astro Predictions for 24-May-2023
Market Nature : SIDEWAYS

Reversal Timings :
From 12:34 to 13:39