3rd Week MAY 2020

	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:	Immediate Support	Immediate Resistance
NIFTY	9050	9380

Future & Options:

Expiry	Highest OI CALL	Highest OI PUT
21/05/2020	9500 – 17 LAC	9000 – 10 LAC
28/05/2020	10000 – 22 LAC	9000 – 24 LAC
25/06/2020	10000 – 9 LAC	9000 – 11 LAC
30/07/2020	10500 – 0.45 LAC	8000 – 0.46 LAC

Events:

Date	Event
19/05/2020	US  New Housing
20/05/2020	China Loan Prime Rate
20/05/2020	India M3 Money Supply
21/05/2020	US Jobless Claims
21/05/2020	US Construction
22/05/2020	India FX Reserve

Results: Only a few Major Industries

AIRTEL	HDFC
DMART	ASIAN PAINTS
ULTRATECH	BAJAJ FINANCE
BAJAJ AUTO	DR REDDY
HDFC LIFE	TITAN
IOC	HERO MOTOCORP
TATA STEEL	CIPLA
ADANI	BANK OF BARODA

Strategy:

1.   As the Government of India announced different measures for the stabilizing the economy, it will impact the market volatility in the next week.

2.   Since Result of many companies are to declare their result, the impact will be on market sentiment (i.e  Advances vs Decline) as well as the Sector.

3.   The range of Nifty will remain in the range of 9000-9600.

4.   Trade Nifty at given Nifty immediate support /resistance with stop loss +/- 50 points spot.