Pre Market Report , 05th May 2021

 Pre Market Report                                                                                                    DAY 5 : 05.05.2021

1. The Indian Index Started with Green And Ended up Positively.
2. With NIFTY closed with  0.84% and BankNifty With 0.88%.
3. Today After RBI Governers Adressing Nation at 10AM , Market Gave a Sudden Downfall and then Went Again to Higher Levels.
4. Market was Highly Volatile Today , Thrice Today it Moved From Down to Up. Taking Away Many people's Stop losses.
5. My Current Position in  Nifty May Future was at Spot Price 14950 With a Revised SL of 14900 at cost & Target of 14200,14000 , Today Made a Low 14510 & Closed at 14620 ( All at Spot Price )
6. India VIX is at 22 .

 

7. Yesterday's Ideas for Intraday Results : 0 Target , 2 Stop Loss , 3 Not Triggered

• NIFTY : Not Triggered
• BANKNIFTY : Not Triggered
• BAJAJ FINANCE : SL Triggered
• JSW STEEL : Not Triggered
• JSW STEEL : SL Triggered

7. Few IDEAS FOR TOMMOROW 06.05.2021 INTRADAY :

( ONLY VALID FOR MORINING SESSION 9:15 to 11:00 AM )

• RELIANCE BUY ABOVE 1927 , SL 1920 , TGT 1944
• HDFC BANK BUY ABOVE 1411 SL 1404 , TGT 1422
• INDUSIND BANK BUY ABOVE 936 , SL 930 , TGT 945
• AXIS BANK BUY ABOVE 720 , SL 715 , TGT 727,730
• JSW STEEL SELL BELOW 710 , SL 715 , TGT 700
• ACC BUY ABOVE 1895 , SL 1886 TGT 1905,1910 

                                                      THANYOU | HAPPY TRADING