Equity Theme

The market participants has taken the range now from 9200 to 9700 on Nifty.

Strategy for NIFTY: Nifty traded downward. WATCH & STRIKE PLAY Now our trade will be on downside with Stop Loss 9000. Our trade will be not meant for expiry.  On any bounce back towards 9000, we will buy 8500 PUT of 25 June expiry. Here we will only play the volatility while keeping a watch on VIX. ________________________________________________________________________________ SLICING PLAY Another short term trade of 10-20 points: Time : 13:12 am                                Date: 18/05/2020 European Market : positive Nifty gets support at 8880. Buy May 9000 CE at 170 Target 182 -185 Book Profit at  Nifty SPOT 8910-20 Stop Loss at Nifty SPOT 8840 {To be executed after  3 pm} Target once hit Risk:Reward    1:1 Time frame: Maximum Tomorrow Opening RESULT: TRADE SUCCESS ___________________________________________________________________________ RE...

Level Last Week % YTD % 1 Year % Nifty 9140 -1.24 -25 -20 Bank Nifty 18834 -2.68 -41 -34 Sector: Level Last Week % YTD % 1 Year % Nifty IT 13196 -1.55 -16 -16 Nifty Finance 9291 -2.80 -36 -24 Nifty Pharma 9093 -2.68 13 6 Nifty FMCG 29859 0.74 -10 -8 Nifty Auto 5746 5.47 -30 -27 Nifty Metal 1743 3.94 -38 -37 World Markets: Level Last Week % YTD % 1 Year % DOW 30 23685 -2.65 -17 -8 S&P 500 2863 - 2.26 -11 0.15 DAX 10465           -5.14 -21 -14 FTSE 100 5800 -2.29 -23 -21 Technical Analysis: Im...