17th May 2019 #Nifty Future Intraday Levels

Nifty Future last close : 11285.25

 Nifty Future saw a sharp recovery in the second half

Both index (Nifty and Banknifty) gained almost 1% at the close.

Midcap index has underperformed. Majority of buying was seen in the largecap stocks.

NF made a high was 11309.90 low of 11152 and closes at 11285.25

FIIs sold 953 cr worth of shares in cash segment whereas DII bought 948 cr of stocks

FIIs sold 820 cr of index future and 2012 cr of index options

  Today Nifty Future is expected to open at flattish note

 Likely to witness volatile trade will be expected during the day.

    Today Nifty Future is facing a intraday resistance at 11310-11335

 If crossover 11335 with volumes, Finding a next resistance at 11375

Stay caution at higher levels!!

 Nifty Future has taken support around 100 DMA in last four sessions

Now NF can be considered as supports 11265 and 11240

Thereafter will be check around 11190-11150. Don’t short at lower levels!!

Avoid overnight positions!!……. Exit poll will be out on Sunday!!

    More live market update & alerts will be sent SMS to our clients only

Updated : 09.03 AM / 17th May 2019

17th May 2019 #Banknifty Future Intraday Levels

Banknifty Future Last Close : 28959.75

Today Banknifty Future is facing a intraday resistance at 29050-29125

Thereafter will be try to check around 29250.

Today BNF can be considered as supports as 28870 and 28800

Below 28800, Finding a next support around 28680.

Don’t short at lower levels!!

More live market update will be sent to our clients only

SBIN looks good above 310

If comes decline can buy likes 307-310

Weekly support at 305.

Updated : 09.01 AM / 17th May 2019

17th May 2019 Hot Stocks & Stocks To Watch

PEL

 (Last close : 2046.60)

PEL has seen selling pressure on last 20 consecutive sessions

Stock fall from 2730 to 2030…….

Now stock finding a Six month support at 2000

If fail to takes support at 2000……. Further weakness expecting up to 1950

BAJFINANCE

( Last Close :  3110.05 )

BAJFINANCE has seen strong bounce back after earnings report

Stock finding a trend line resistance at 3130

Stock if breaks and holds above the level

Rally will be expected up to 3165 3200

Support at 3100

ESCORTS

(Last close : 561.55)

ESCORTS has bounced from Two years support at 542

If stays above 542, Expecting bounce back

Suppose if fail to take support at 542

Expecting further weakness!!

GODREJCP

( Last Close : 638.15)

GODREJCP near by recent bottom

Stock once if breaks & stays below the level

Expecting further weakness

Which level will be breaks ?? and What is the Targets ?

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Updated : 08.49 AM / 17th May 2019