West Bengal Election Them,e Stocks to Watch🚨 West Bengal Election Theme – Stocks to Watch
If BJP wins WB, markets may price in *pro-infra, industrial revival & better governance*.
📈 Likely beneficiaries:
* Infra & Rail: Larsen & Toubro, Rail Vikas Nigam Limited
* Ports & Logistics: Adani Ports & SEZ
* Metals: Tata Steel, SAIL
* Power: NTPC
📊 High beta / WB-specific plays:
* Bandhan Bank (political + rural sentiment sensitive)
* CESC Limited
⚠️ Note: Expect *short-term volatility*; real upside depends on execution of policies post r
Elections
NO MATTER WHO WINS. F&O STOCK WILL WIN.General elections in India are going on and they are expected to be the WORLD's COSTLIEST elections. DMK, a closely related political party to NSE:SUNTV is among the top spenders on Google Ads despite being limited to one state. Expecting a huge ad spend by parties on Sun TV channels across South India. Stock is ready for inverted H&S breakout. Results will be posted on 24th May and I think breakout may happen around that time. So this week will be exciting for this.
USDCAD bulls need validation from 1.2810 on Canada Election DayAlike other major currency pairs, USDCAD respects the broad US dollar strength while rising to the fresh high of the month. Adding to the upside pressure is the Federal Elections in Canada, even if the results are less likely to offer any entertainment. That said, the quote heads towards a two-month-old resistance around 1.2810 with the bullish MACD contrasting with nearly overbought RSI to challenge the bulls afterward. Also acting as an upside hurdle is the late August highs near 1.2830-35, a
Watch for breakout from channelNIFTY is attempting to break out of 11110 resistance. Early opinion polls and political situation will determine the movement in next 4-8 weeks. Support at 10970 and then 10500. 10,500 line is holding for over three years now, however, election times are very volatile in India.
Go long in NIFTY for TARGET of 10800, with a STOP LOSS of 9990So do you think I'm giving an aggressive call?
If you observe my stop loss is conservative, so this gives me a mileage to keep a big target. Considering the recent fall in NSE:NIFTY just observe the previous fall dated from 19th September to 27th September, just see you will find a lot of similarities in both the situation. The Earlier one looked like a DOUBLE TOP and from there it jumped to making new highs a rally of tremendous 800 plus points. Look at the RSI levels as well, every tim







