14th May Strategy:
Global: Negative
FII: Neutral
DII: Neutral
F&O: Neutral
Sentiment: Cautious
Trend: Neutral
Big downside only if Nifty and Bank Nifty close 9200 and 18850
Big upside only if Nifty and Bank Nifty close above 9550 and 19750
Nifty 9125-9200 Day Support Zone, 9400-9550 Higher Range
Bank Nifty 18850-19100 Day Support Range, Bank Nifty 19750-20100 Higher Range
Nifty 9250-9400 Small Day Range, 9200-9500 Medium Range, 9125-9550 Bigger Range
Bank Nifty 19300-19750 Small Day Range, 19100-19850 Medium Range, 18850-20100 Bigger Range
For Existing Long Positions:
Nifty intraday n Closing SL 9200
Bank Nifty intraday n Closing SL 18850
For Existing Short Positions:
Nifty intraday n Closing SL 9450
Bank Nifty intraday n Closing SL 19800
For New Positions:
Sell Nifty:
SL 9450 Tgt 9250, 9200, 9175, 9125
Buy Nifty in 9125-9200 range:
SL 9025 Tgt 9225, 9275, 9300
Sell Bank Nifty:
SL 19800 Tgt 19350, 19250, 19100, 18950, 18850
Buy Bank Nifty in 18850-19100 range:
SL 18750 Tgt 19250, 19350, 19450
PCR 1.12, VIX up 2% 38.84
Sectors
Negative: Bank, NBFC, Auto
F&O Update:
Enters in F&O Ban: BHEL
Already In F&O Ban: Vodafone Idea
Stock Of The Day:
Sell HDFC BANK Futures
SL 935, TGT 905, 895, 885
Profit Booking expected in bank shares
Aaj Ka Hero:
Sell Hindalco Futures
SL 125 Tgt 119, 117
US proposes Novalis to sell stake in Aleris
SL 125 Tgt 119, 117
US proposes Novalis to sell stake in Aleris
