Om Namo Narayana!!
For STUDY PURPOSE
*Friends last week we saw some days good some rangebound n nifty is moving in 1% means 90pts in week so day traders tough time mix match stocks moves.. n stressfull fno ... earning season n slowly holidays time .. n midcap rallies...*
*Now coming days mkt movement is tight range so either hv eq based positional strategies .. or quick hit n run with less waiting time*
On friday expected 9290 n bn puts played some eq moving except tatamotor as result is after expiry
Banknifty hot bt this week at 95 ..nifty 9300ce positional on friday taken.. 9267 lower TL is holding n below it gap zone n 20day avg.. so in steps to buy was said..n no big price expectation bt 20-40% r good to play
May8 open flat after open little volatile... 9267/45/30 sup any level... 22566 near good with 40/50pt risk for day..
09:16 to 10:20 upside 9311 -
10:21 to 11:24 auto steel stocks little up
11:25 to 12:29 power n pharma stock some strength
12:30 to 13:34 banknifty to move 50-75 pt up nifty 20-25pt
13:35 to 14:38 arvind can watch some upmove .. n nifty
14:39 to 15:43 range bound phase with some +ve momentum to hold ..
9313 abv staying to take 9350.. so 9300 ce hit n run ...
Other stocks sbi to find sup 290 spot zones.. tatamotors 417fut level sup.. acc breaking up as acc ambuja news... french election will take higher.. snp500 friday close good nxt week new high...
