14th May 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture last close: 14710.05 (-1.1%)

On Thursday, NiftyFuture was opened high of 14842 then slipped up to 14663

I have written last Sunday NF trend decider level 15050. Do you know NF made a high of 15023 on Monday and slipped to 14700 on Wednesday

Yesterday SGXNifty was melted up to 14460 and now bounced-back to 14675 around

US markets recovered half of the percent in yesterday

Dow Jones rose 433 points, Nasdaq climbed 93 points and S&P500 gained 49 points

Asian markets are recovered in Friday’s session

March IIP expands 22.4%

CPI inflation for April came in at 4.29% the lowest in three months Vs 5.52% in March

Today L&T, Drreddy, Cipla, and Balkrishind going to declare earnings report

FIIs and DIIs sold 1260 crore, 704 crore respectively in cash segment

BHEL, Cadilahc, Canbank, Pnb, and Suntv are under the F&O ban for May 14

SGXNifty indicates a 20-50 points negative opening for the index

Today NiftyFuture is facing a intraday resistance 14710, 14750 and 14790

If stays above 14790, Then will try to move 14850……. But stay caution at higher levels

Today NF can be considered as supports as 14660, 14620 and 14560

Don’t short at very lower levels!!

More live market update will be sent to my clients only

Updated: 08.54 am / 14th May 2021

14th May 2021 #BankniftyFuture Intraday Levels and Pre-Market Report

BankniftyFuture last close: 33520.30 (-1.3%)

On Wednesday, BankniftyFuture was opened 32775 then consolidated around 33600-33700 almost 2-3 hrs then slipped 33423 and finally settled at 33520

Not seen any violent move on weekly expiry

VIX was sustained almost flat in whole day but in last 10 minutes spiked 6%

Private banks stocks was seen consolidate while PSU bank stocks seen buying action

SGXNifty indicate a flat opening for the index and followed by bank index

BankniftyFuture is facing a intraday resistance at 32630, 32750 and 32950

Above 2nd and 3rd resistance are hurdle for today’s trade!!

BNF can be considered as supports as 32400, 32300 and 32100

Below 32100………. expecting more pain

Don’t short at very lower levels!!

More live market update will be sent to my clients only

Updated: 08.29 am / 14th May 2021

14th May 2021 Hot Stocks and Stocks To Watch

Last close: 326

TATAMOTORS surged almost 8% in last three sessions

I have recommended delivery alert at 300 and my stop-loss at 280. Still open the position

If there is any declines can add in your portfolio and maintain stop of 280

Expected rally 350+ for positional

Last close: 1879.90

PIDILITIND reported a 96% increase in consolidated net profit to Rs 307.44 crore

Revenue climbed 44.73% to Rs 2235 crore Vs Rs 1544 crore in the YoY

Stock if sustains 1900 then will try to check 1930 thereafter we see more rally

Supports 1860 and 1820

Last close: 71.40

BHEL was surged almost 25% in last three sessions

Stock looks very attractive if stays above 60……. Which means if there is any declines

Can buy freshly and hold with stop of 58 closing basis

Expected targets 85 and 100+

Updated: 08.16 am / 14th May 2021