Pre Market Report                                                                                                    DAY 3 : 03.05.2021

1. The Indian Index Started with Red And Ended up Mixed.
2. With NIFTY closed with  0.02% and BankNifty With (0.96%).
3. Vaccination Process for age 18-45 has already started from 01st May 2021 in many parts of country But Also There is a Shortage of Vaccine.
4. Many Countries are Providing India with Oxygen Cylinders , Ventilators Etc. A BIG Thanks to them.
5. My Current Position in  Nifty May Future was at Spot Price 14950 With SL of 15250 & Target of 14200,14380 , Today Made a Low 14420 & Bounced back to 14634.
6. I Have Shifted my Stop Loss to Cost Level 14900 & Wait For TGT  14200,14000.

 

7. Few IDEAS FOR TOMMOROW 04.05.2021 INTRADAY :

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

• If NIFTY Opens Gap up Tomorrow , It Can Take Support Around 14665-650 Levels With a Stop Loss of 14615 & TGT of 14770 & 14820 ( Book 50% Profit on 14770 & Move SL to Cost & 2nd TGT 14820.
• INDUSIND BANK if 15 Minute Candle Closes Above 919 , SL 914, TGT 929.
• ASIAN PAINTS Sell at 2625-2630 SL 2640 , TGT 2610,2600
• BAJAJ FINANCE Buy Above 5610 SL 5590 , TGT 5650
• JSW STEEL Buy Above 730.5 , SL 726 , TGT 736 , 740
• ACC Buy at 1892 , SL 1882 , TGT of 1915.

                                                      THANYOU | HAPPY TRADING