Om namo narayana!! Jai ganesha jai bajrangbali..Happy tuesday..
As we enter in expiry week n time after may19 is hard n stock specific grinding.. prev post ultracemco short for 4260hit...
some positional eq adding as they at pain level bottom in lupin will play n then hold more..
*Nifty flirting in range 9368-9510 banknifty 22600-800/900 in spiral range*
*For study purpose*
May23 expected moves
Premkt 09:11 narayana blessings to make nifty 15-18+ banknifty 60+
* open to 10:17 banknifty 60-80+ 22730-777 nifty 9450-62 some put writing to start *
*10:18 to 11:23 speed of mkt good up down fast 20-30pt moves n bn 100pts.. *
*11:24 to 12:28 mood of mkt will slowly optimistic ..keeping it up*
12:29 to 1:34 a sudden down 20-25pt n 60-70pt bn ..n rangebound *
*1:35 to 2:39 ganesha to support mkt withput writing n banking will regain to push 30+ 80-90+bn*
2:40 to 3:45 energies will get muscles to hold on with ganesha blessings .. hanuman to support maruti last 2hr
Conclusion mixed day n swing plays.. opening 2-2.5hr good then consolidation after 1.30 till day end good ..
Bn n some stock specific will play
Suzlon slowly breaking out nxt month to go higher n expiry time..