EOD Review on 21 May 2024
My System Levels:
1) Levels to watch are 22689.3 and 22522.5
2) Sell Below 22397.41 SL 22477.38 TGT 22351.6, 22326.6
3) Buy Above 22557.35 SL 22477.38 TGT 22689.3, 22764.5, 22852
4) Supports/Resistances to Watch For :-
22351.6
22430.9
22518.4
22597.7
22685.2
22764.5
22852
Camarilla Levels:
1) Sell Below 22514.16 SL 22560.03 TGT 22446.81, 22406.78
2) Sell Below 22651.77 SL 22697.64 TGT 22621.19, 22590.61, 22560.03
3) Buy Above 22560.03 SL 22514.16 TGT 22590.61, 22621.19, 22651.77
4) Buy Above 22697.64 SL 22651.77 TGT 22740.38, 22780.42
BANKNIFTY : Levels to watch are 48336.1 and 47970.1
RELIANCE : Levels to watch are 2898.55 and 2864.45
SBIN : Levels to watch are 827.62 and 811.07
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Position as per Trade with Trend :
SBIN(Futures) Bought at 812.53 StopLoss 805.33| Profit so far 6.82
NIFTY(Futures) Holding Long taken at 22281 On 14-05-2024 StopLoss 22473.33 | Profit so far 324.9
BANKNIFTY(Futures) Holding Long taken at 48222.72 On 18-05-2024 StopLoss 48049.18 | Profit so far -69.62
RELIANCE(Futures) Holding Long taken at 2838.38 On 14-05-2024 StopLoss 2855.83 | Profit so far 43.12
NIFTY(Indices) Holding Long taken at 22190.23 On 14-05-2024 StopLoss 22406.75 | Profit so far 338.82
BANK_NIFTY(Indices) Holding Long taken at 47982.45 On 17-05-2024 StopLoss 47931.35 | Profit so far 65.75
NIFTYBEES(BEES) Holding Short taken at 248.6 On 15-04-2024 StopLoss 251.75 | Profit so far -1.14
BANKBEES(BEES) Holding Short taken at 497.56 On 03-05-2024 StopLoss 493.99 | Profit so far 5.72
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Nifty Options Data:
Highest OI : NIFTY22500PE NIFTY23000CE
Highest Rise in OI : NIFTY21500PE NIFTY24400CE
Highest Fall in OI : NIFTY20200PE NIFTY22800CE
Highest Volume : NIFTY22500PE NIFTY22500CE
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BankNifty Options Data:
Highest OI : BNF2252448000PE BNF2252448000CE
Highest Rise in OI : BNF2252447000PE BNF2252448000CE
Highest Fall in OI : BNF2252445000PE BNF2252447500CE
Highest Volume : BNF2252448000PE BNF2252448200CE
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Market Mood as on May 21,2024″”
FII Mood – Weak Bearish
Retailers Mood – Weak Bullish
Overall Market Mood – Volatile/Indecisive with Weak Bearish
——————–
FII/DII Figures:
FII Cash Net = N.A.
FII F&O Net = N.A.
FII F&O OI = N.A.
DII Cash Net = N.A.
—————
FII OI Data:
Future Index Long:182230(21634)
Future Index Short:394215(-12856)
Future Stock Long:2048464(34024)
Future Stock Short:1752066(11313)
Option Index Call Long:1560146(300308)
Option Index Put Long:1776866(86241)
Option Index Call Short:1419447(397088)
Option Index Put Short:1347767(180098)
Option Stock Call Long:145924(7326)
Option Stock Put Long:166775(8756)
Option Stock Call Short:170861(105)
Option Stock Put Short:108877(3798)
Total Long Contract:5880405(458289)
Total Short Contract:5193233(579546)
Total UP Side Contract:5393408(547188)
Total Down Side Contract:5680230(490647)
L/S FII Index Fut Ratio:32
L/S FII Stock Fut Ratio:54
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Long Build Up: COALINDIA, METROPOLIS, BHEL, IEX, HAL
Short Covering: BEL, DALBHARAT, BALKRISIND, ABCAPITAL, SYNGENE
Short Build Up: ASTRAL, MCX, BHARTIARTL, PAGEIND, APOLLOTYRE
Long Unwinding: FINNIFTY, ESCORTS, CROMPTON, ALKEM, KOTAKBANK
——————–
Volume Shockers (Futures) :
SAIL
ZEEL
BALKRISIND
CUB
ABFRL
——————–
Swing Trading (Futures):
1. BANKBARODA Buy Above 264.89
2. ASIANPAINT Buy Above 2852.94
——————–
Swing Trading (NSE Cash Scrips):
EICHERMOT Sell Below 4672.95 SL 4728.85
SUNPHARMA Sell Below 1540.95 SL 1558.3
BALKRISIND Short Intraday Above 3190.17 SL 3206.04
BEL Short Intraday Above 284.42 SL 285.83
——————–
Hot Stocks (Price Action):
NRBBEARING
SUNDRMBRAK
WHEELS , Red Candles
POKARNA
PODDARMENT
MAHAPEXLTD
WINDLAS
EXXARO
SJS , Red Candles
CHEVIOT
Possible MultiBagger Stock :
NRBBEARING(3)
SUDARSCHEM(4)
ELGIRUBCO(3)
GRPLTD(3)
STARCEMENT(4)
——————-
Very High Delivery Volume Stocks
CUB : 15.82 times more
STARCEMENT : 8.76 times more
SUDARSCHEM : 6.41 times more
SJVN : 6.11 times more
SCHNEIDER : 5.94 times more
NH : 5.17 times more
DALBHARAT : 5.15 times more
VINATIORGA : 5 times more
——————–
5 Best Performing Stocks since Expiry:
HINDZINC, HUDCO, ABB, SCHAEFFLER, SUPREMEIND
——————–
5 Worst Performing Stocks since Expiry:
CANBK, SONATSOFTW, SPARC, BANKINDIA, AARTIIND
—————
Pivot Based Short Term Ideas
WESTLIFE : Buy Above 855 CSL Below 846.7833
ABBOTINDIA : Sell Below 26341.25 CSL Above 26448.68
BIRLACORPN : Sell Below 1452 CSL Above 1477.95
CGCL : Sell Below 220.9 CSL Above 224.7667
DHANUKA : Sell Below 1232.8 CSL Above 1281.367
HAPPSTMNDS : Sell Below 809.05 CSL Above 815.6167
ICICIBANK : Sell Below 1116.25 CSL Above 1122.683
ICICIPRULI : Sell Below 576 CSL Above 588.6667
INFY : Sell Below 1428.4 CSL Above 1437.7
MCX : Sell Below 3830 CSL Above 3960.067
PAGEIND : Sell Below 35050 CSL Above 35383
STAR : Sell Below 841.15 CSL Above 870.8167
TCIEXP : Sell Below 1045 CSL Above 1063.517
TRIDENT : Sell Below 36.8 CSL Above 39.63333
VTL : Sell Below 445 CSL Above 452.3833
ZENSARTECH : Sell Below 602.7 CSL Above 608.25
—————–
RSI Based OverSold/OverBought Stocks:
OverSold Stocks: ADVENZYMES, BSOFT, CANBK, ENGINERSIN, EQUITAS, GNFC, NETWORK18, SHILPAMED, SONATSOFTW, TATAMTRDVR, TATAMOTORS,
OverBought Stocks: AFFLE, BALKRISIND, CROMPTON, LALPATHLAB, FEDERALBNK, HAL, NAUKRI, KPITTECH, M&M, MAHINDCIE, SKFINDIA, SHREECEM, SHRIRAMCIT, SRTRANSFIN, VINATIORGA,
——————–
Turtle Trend Trading :
LALPATHLAB Bought at 2540
UBL Bought at 1878.35
——————–
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) :
JSWSTEEL TGT HIT : Long taken at 836.75 Booked at 920.43 | Profit Booked 83.68(10.00%)
Astro Predictions for 22-May-2024
Market Nature : SIDEWAYS
Reversal Timings :
09:19
From 10:24 to 11:29
