Nifty
CMP 10302
Nifty may fall up to 10220 / 10180
Stop loss 10330
Alternatively
Consider selling Nifty 25 June expiry 10400 Call option around 75
Target 36 / 18 / 0
Stop loss 100
LIC HSG FIN
Cmp 260.8
Around 266-267 is an important level which may act as resistance
Given the setup, one may consider selling LIC HSG FIN 25 Jun expiry 280 Call option currently at 11
Max profit potential Rs 14300/- per lot (yield potential of 14% approximately) till 25 June.
More importantly, In built loss protection for rise in price up to 291 in...
Nifty
Closing price 9826
For 02-June
Important resistance 9860-9880 / 9920 / 9990 / 10058
Important support 9780-9766 / 9733 / 9705 / 9682
Range for 04 June 2020 expiry
Upper range likely capped at 10058 till 04 June 2020
On the lower side 9682-9705 may likely act as support.
Take care & safe trading...!!!
INTRADAY IN RELIANCE JUNE FUT
BUY@1470
STOP@1454
TARGET@1486
QTY=505
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
INTRADAY TRADE IN HEROMOTOCORP
BUY@2082
STOP@2062
TARGET@2122
QTY=500(CASH)
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
INTRADAY TRADE IN CHOLA FIN
BUY@138
STOP@135
TARGET@143
QTY=2500(CASH)
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
INTRADAY TRADE IN ICICI BANK
BUY@309.5
STOP@307
TARGET@316
QTY=2500(CASH)
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
INTRADAY TRADE IN HDFC BANK
BUY@872
STOP@862
TARGET@888
QTY=500(CASH)
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
INTRADAY TRADE IN KOTAK BANK
BUY@1182
STOP@1167
TARGET@1199
QTY=800(CASH)
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
Nifty closed the day 313 points lower. Let us analyse the data for the day.
FIIs sold 16996 contracts in Index Futures worth 803.13 Cr
Futures data
Retail participants added 9.08K Long contracts & squared off 3.87K short contracts
FIIs squared off 1.05K Long contracts & added 15.94K Short contracts
Pro traders added 8.08K Long contracts & added 3K Short...
Nifty
Closing price 9383
This is our Nifty 14-May-2020 expiry strategy view
Data analysis
FIIs net bought 1626 Contracts amounting -48.87 Cr
Futures Data
FIIS squared off 11.47 K Long contracts & also exited 13.09 K Contracts from Short positions. In doing so, their over all Open Interest in Index futures has come down to just 78K contracts (40.1K...
INTRA-DAY TRADE IN UPL FUT
!!please adjust for future rates!!
BUY@382
STOP@376
TARGET@390
QTY=1800
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
INTRA-DAY TRADE IN INFY FUT
PLEAE ADJUST FOR FUTURE RATES
BUY@668
STOP@660
TARGET@678
QTY=2400
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
