Post Market Review - MAY 26th

POST MARKET REVIEW -






INTRADAY LEVELS TODAY'S PERFORMANCE 

TATA STEEL - Had suggested selling @ 1082



NAUKRI - Had suggested buying @ 4361, rallied till 4515 with 155 points gain.



BAJAJ FINANCE - Had suggested buying @ 5624, rallied till 5570 with 146 points gain.




Today post-market review -

1) Today the market had a flat opening.

2) Today some ASIAN MARKETS are closed, especially SGX NIFTY Singapore market.

3) NIFTY opened @ 15257.

4) BANK NIFTY opened flat @ 34757.

5) In NIFTY huge buying was seen from 15220 levels.

6) NIFTY made a day high @ 15320

7) BANK NIFTY huge buying was seen from 34500 levels.

8) BANK NIFTY had a consolidation @ 34800 levels & made a day high @ 34896

9) Had suggested in intraday blogs about TATA STEEL sell @ 1082, completed first target 1075.

10) Had suggested in intraday blogs about NAUKRI BUY @ 4361, made a day high 4515. The overall gain of 155 points.

11) Had suggested in intraday blogs about BAJAJ FINANCE buy @ 5624, made a day high 5770. The overall gain of 146 points.

12) EROS MEDIA gave a blasting rally in MAY month, Had suggested buying @ 20/25, made an All-Time High of 2021 @ 35.80.

13) Today PHARMA SECTOR had an offensive rally.

14) Due to NIFTY moves many sectors bounced back.

15) Today NIFTY & BANK NIFTY moved on the upside with good price action.

16) Yesterday's institutional Financial market data had a good buying glimpsed.

17) NIFTY struggled to hold 15300 levels on a closing basis.

18) BANK NIFTY couldn't hold above 34900 levels.

19) NIFTY & BANK NIFTY huge volatility will be seen on expiry play.

20) NIFTY 15300 PE was trading between 50 - 70 for nearly 2 hours.

21) BANK NIFTY 35000 PE was trading between 300 - 400 for nearly 3 hours.

22) To make NIFTY All-Time High market needs RELIANCE ( Mota Bhai ) & HDFC TWINS to move randomly.

23) Today RELIANCE & HDFC TWINS were at the range-bound.

24) MARUTI gave a random move in AUTO SECTOR.

25) SEBI regulations, some positive sentiments yet to come regarding the Intraday margin.

26) NIFTY had a day closing @ 15300 levels.

27) BANK NIFTY had a day closing @ 34674 levels, The downtrend will change below 34444 levels.

28) NIFTY was @ range-bound between 15260 - 15314 for 4 hours trading session, In the last trading hour, short profit took place.

29) BANK NIFTY was @ range bond between 34834 - 34900 for 4 hours trading session. In the last trading hour, a short profit-booking took place.

30) Tomorrow 27th MAY weekly + monthly expiry will be interesting to see how the market reacts to BULLS OR BEARS in this range-bound.






-REGARDS-
Kirthee Bane











 

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