1) Today markets opened @ gap down.
2) Huge was Fiis buying was seen yesterday.
3) NIFTY opened 60 points gap down.
4) BANK NIFTY opened the gap down above 200 points from yesterday close.
5) NIFTY took strong support @ 15044 till half trading session.
6) BANK NIFTY took strong support @ 33600 till half trading session.
7) RELIANCE filled all pending gaps & has given breakout.
8) PHARMA SECTOR was a sudden rise in the market.
9) IT SECTOR looks strong consolidating.
10) PSU SECTOR is though looking strong.
11) BATA INDIA had a good bullish rally.
12) RELAXOFOOT LTD rallied today 10%.
13) FMCG SECTOR - jubilant foods & Nestle have given a bullish breakout.
14) AUTO SECTOR still looks bullish & BAL KRISHNA INDUSTRIES have given the rally above 15%.
15) AMARA RAJA BATTERIES to focus above 800.
16) IDEA has formed triple bottom.
17) Profit booking came after 1.15 pm.
18) NIFTY & BANK NIFTY in last hour trading session broke range-bound on the downside.
19) NIFTY made a low of the day @ 15009.
20) BANK NIFTY made a low of the day @ 33609.
21) Bulls are still holding upmarket strong.
22) NIFTY bulls are holding above 15000.
23) BANK NIFTY holding above 33600.
24) Had a volatile in the closing session.
25) Must watch for expiry play for 20th May.
-REGARDS-
Kirthee Bane
capitoinvestments
https://capitoinvestments.in
