Trading Idea for 25 May 21 (Tuesday): Important data to know before market opening

The nifty Support level is placed at 15175 followed by 15075. If Nifty starts going up, then the resistance level will be 15275 and 15325 While the Bank Nifty support level is placed at 34800 and 34500. If Bank Nifty starts going up, then the resistance level will be 35225 and 35475.

FII and DII data

Foreign Institutional Investors bought shares of Rs. 585.36 crore while Domestic Institutional Investors Sell shares of Rs. 707.69 crore in Indian equity market on May 24, as per data NSE data.

Nifty and Bank Nifty Strategy for Tomorrow (25 May 21)

As per Live data at 2130 hrs on 24 May 21, Nifty showing up by 44 Points. Now Dow Jones showing 198 point up and Nasdaq showing 203.75 points up, FII Data is Positive and DII Data is negative, Following level keep in mind for Tuesday trading session.

FII Data : Positive

DII Data : Negative

F&O Data : Neutral

Sentiment : Positive

Nifty Trading Strategy For Tomorrow (25 May 21)

If Nifty opens up near 15225-15275  then go for sell side Immediate Resistance 15275 & 15325.

Bank Nifty Trading Strategy For Tomorrow (25 May 21)

If Bank Nifty opens Gap near 35025-35075 then go for buy side Immediate support  34900 & 34800 and immediate resistance at 35200 & 35500

Important Support  & Resistance for Tomorrow

Support : (Nifty : 15075 & Bank Nifty : 34500)

Resistance : (Nifty : 15325 & Bank Nifty : 35525)

Latest Corporate Action

  • Kothari Petrochemical Limited –  Q4 Profit at Rs. 2254.36 lakhs versus Profit of Rs. 1832.91 lakhs, Revenue at Rs. 22889.52 lakhs versus Rs. 27315.46 lakhs, Other Income at Rs. 387.91 lakhs versus Rs. 288.14 lakhs YoY (Mixed Result).
  • Grasim Industries Limited –  Q4 Profit at Rs. 905.00 crores versus profit of Rs. 1288.00 crores, Revenue at Rs. 12386.36 crores versus Rs. 16081.87 crores, Other Income at Rs. 513.68 crores versus Rs. 525.61 crores YoY (Mixed Result).
  • Lakshmi Machine Works Limited –  Q4 Profit at Rs. 4746.01 lakhs versus Profit of Rs. 4499.76 lakhs, Revenue at Rs. 168965.03 lakhs versus Rs. 157009.84 lakhs, Other Income at Rs. 7920.11 lakhs versus Rs. 9363.32 lakhs YoY (Good Result).
  • Bannari Amman Sugars Limited –  Q4 Profit at Rs. 9214.00 lakhs versus of Rs. 9563.58 lakhs, Revenue at Rs. 156117.66 lakhs versus Rs. 160929.13 lakhs, Other Income at Rs. 902.19 lakhs versus Rs. 386.29 lakhs YoY (Poor Result).
  • JK Paper Limited – Q4 Profit at Rs. 322.19 crores versus profit of Rs. 492.71 crores, Revenue at Rs. 2741.60 crores versus Rs. 3054.30 crores, Other Income at Rs. 70.16 crores versus Rs. 81.16 crores YoY (Good Result).
  • Balaji Amines Limited –  Q4 Profit at Rs. 23171.10 lakhs versus of Rs. 11375.31 lakhs, Revenue at Rs. 122777.95 lakhs versus Rs. 91905.41 lakhs, Other Income at Rs. 1203.04 lakhs versus Rs. 1026.28 lakhs YoY (Excellent Result).
  • Ramco Industries Limited –  Q4 Profit at Rs. 11078.00 lakhs versus of Rs. 6552.00 lakhs, Revenue at Rs. 97838.00 lakhs versus Rs. 80776.00 lakhs, Other Income at Rs. 2456.00 lakhs versus Rs. 1855.00 lakhs YoY (Mixed Result).
  • IG Petrochemical Limited –  Q4 Profit at Rs. 18951.67 lakhs versus of Rs. 2104.40 lakhs, Revenue at Rs. 112361.88 lakhs versus Rs. 105858.02 lakhs, Other Income at Rs. 473.64 lakhs versus Rs. 653.17 lakhs YoY (Excellent Result).
  • ADF Foods Limited –  Q4 Profit at Rs. 3668.56 lakhs versus of Rs. 3147.15 lakhs, Revenue at Rs. 23664.10 lakhs versus Rs. 19447.27 lakhs, Other Income at Rs. 424.85 lakhs versus Rs. 937.23 lakhs YoY (Good Result).
  • F&O Ban on NSE

BHEL, Can Bank and PNB securities are under the F&O ban for tomorrow (May 25).

Disclaimer – All posts are only for education & Learning purpose only. Our website is not responsible for your Profit & Loss . Please contact your Financial Advisor before investing in any securities.

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