Trading Idea for 26 May 21 (Wednesday): Important data to know before market opening

The nifty Support level is placed at 15175 followed by 14975. If Nifty starts going up, then the resistance level will be 15275 and 15325 While the Bank Nifty support level is placed at 34475 and 34050. If Bank Nifty starts going up, then the resistance level will be 35025 and 35175.

FII and DII data

Foreign Institutional Investors bought shares of Rs. 959.77 crore while Domestic Institutional Investors Sell shares of Rs. 563.59 crore in Indian equity market on May 25, as per data NSE data.

Nifty and Bank Nifty Strategy for Tomorrow (26 May 21)

As per Live data at 2130 hrs on 25 May 21, Nifty showing down by 45 Points. Now Dow Jones showing 08 point down and Nasdaq showing 06 points down, FII Data is Positive and DII Data is negative, Following level keep in mind for Wednesday trading session.

FII Data : Positive

DII Data : Negative

F&O Data : Neutral

Sentiment : Cautions (Profit Booking Expected at higher Level)

Nifty Trading Strategy For Tomorrow (26 May 21)

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

Bank Nifty Trading Strategy For Tomorrow (26 May 21)

If Bank Nifty opens Gap near 34775-34900 then go for sell side Immediate support  34500 & 34100 and immediate resistance at 35050 & 35200

Important Support  & Resistance for Tomorrow

Support : (Nifty : 15025 & Bank Nifty : 34100)

Resistance : (Nifty : 15325 & Bank Nifty : 35050)

Latest Corporate Action

  • AIA Engineering Limited –  Q4 Profit at Rs. 48490.18 lakhs versus Profit of Rs. 83252.97 lakhs, Revenue at Rs. 241031.67 lakhs versus Rs. 249101.22 lakhs, Other Income at Rs. 6267.71 lakhs versus Rs. 9661.22 lakhs YoY (Poor Result).
  • Anjani Portland Cement Limited –  Q4 Profit at Rs. 8498 lakhs versus Profit of Rs. 4035 lakhs, Revenue at Rs. 40720 lakhs versus Rs. 40893 lakhs, Other Income at Rs. 695 lakhs versus Rs. 395 lakhs YoY (Good Result).
  • Astrazeneca Limited –  Q4 Profit at Rs. 9330.35 lakhs versus Profit of Rs. 7222.08 lakhs, Revenue at Rs. 81356.36 lakhs versus Rs. 83180.91 lakhs, Other Income at Rs. 1284.14 lakhs versus Rs. 1298.79 lakhs YoY (Good Result).
  • Ramco System Limited –  Q4 Profit at Rs. 442.25 million versus of Rs. 248.91 million, Revenue at Rs. 3450.05 million versus Rs. 3058.48 million, Other Income at Rs. 93.53 million versus Rs. 139.08 million YoY (Mixed Result).
  • Goldiam International Limited – Q4 Profit at Rs. 6706.88 lakhs versus Profit of Rs. 4528.57 lakhs, Revenue at Rs. 21818.68 lakhs versus Rs. 36450.79 lakhs, Other Income at Rs. 721.70 lakhs versus Rs. 2214.11 lakhs YoY (Excellent Result).
  • Geecee Ventures Limited –  Q4 Profit at Rs. 1260.23 lakhs versus of Rs. 1518.75 lakhs, Revenue at Rs. 4168.83 lakhs versus Rs. 4266.79 lakhs, Other Income at Rs. 228.35 lakhs versus Rs. 83.56 lakhs YoY (Mixed Result).
  • Surya Roshni Limited –  Q4 Profit at Rs. 15650 lakhs versus of Rs. 10221 lakhs, Revenue at Rs. 555437 lakhs versus Rs. 546902 lakhs, Other Income at Rs. 467 lakhs versus Rs. 335 lakhs YoY (Good Result).
  • Godawari Power & Ispat Limited –  Q4 Profit at Rs. 625.75 crores versus of Rs. 121.40 crores, Revenue at Rs. 3640.87 crores versus Rs. 2774.01 crores, Other Income at Rs. 5.20 crores versus Rs. 2.89 crores YoY (Excellent Result).
  • Ajmera Realty & Infra India Limited –  Q4 Profit at Rs. 3018 lakhs versus of Rs. 3270 lakhs, Revenue at Rs. 34672 lakhs versus Rs. 34438 lakhs, Other Income at Rs. 507 lakhs versus Rs. 623 lakhs YoY (Good Result).
  • F&O Ban on NSE

Amaraja Battery, Can Bank and PNB securities are under the F&O ban for tomorrow (May 26).

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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