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Tuesday, May 7, 2019

Post Market Analysis :: NSE Nifty Report - 07-05-2019

#. Vix - 26.48 (0.16%) increased  and it will cause major impact in the market,

#. US $ - 69.57 (0.2%) decreased, Still it has to decrease and come below 69 INR, so we can expect more FII investment.

#. Day Candle -  Nifty forms bearish engulfing pattern in day candle, next support at 11470, 11440 levels on upper side 11549 needs to break to go 11570 levels.

#. SBI result on friday, so weekly expiry wont get impact with this result event.

#. Hdfcbank split options is on may 22 nd.

#. Upto election result, we will expect the volatility in the market.





- Vijay

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