MARKET UPDATE

Exit Poll Result – Favour of BJP Be Prepare for Big Rally    Any short covered   - Only Long side. Nifty Above 10490 – Up side open Towards 11293 Today Trailor of Bull Market Real Picture on Monday

Market Outlook High volatililety  in the market but last 2 hrs heavy buying and short covering some positive indication in Gujarat and Himachal Poll resulted sharp buying seen across the market including Nifty Bank Nifty and Front Line stocks.   As per exit poll all the result favour of BJP which reflect in market and market will one side move coming 3 to 4 sessions.     IT and Pharma sector looks good and likely outperform in market. BITCOIN Before Trading in CMET moved more than 20 %. Target 40000 $  no weakness…  ? Nifty Spot Yesterday we mentioned in this column be prepare of V Shap rally from the low  and almost closed with days high.  Now crossover 10276, up side target 10330-10360, thereafter heading towards new high 10490.  Weekly closed above 10490  up side open towards 11293    Nifty Future Strong bullish and last 30 minutes heavy buying seen in screen in Nifty Future…..  today above 10340, up side towards 10390 10410   thereafter more up side. Bank Nifty Future As mentioned in this column 25000  is a decent support   and holding above, now crossover 25250, up side towards 25450, thereafter more power full rally likely.   Ultimate target 26000-26500. We are long 26000  call at 31 PSU  BANK INDEX Be prepare for rally with consider support 3700 resistance 3800, thereafter more up side. Pharma Index  Near to decent support level and time to buy side. Consider support 8975, crossover 9100  big rally towards 9300  +   Metal Index Buy above 3600  for target 3650 3700 OPEN INTEREST ANALYSIS Long side-    DCB Bank, M&M Wockhard, Havells, BPCL, TVS Motor and HPCL Short side  :     TCS, India Cement, ACC, Federal Bank, EML Apollo Tyres.        . Some of our calls   Nifty Future  We are long ……………… Gujarat Election Call Yesterday we advise to our paid clients…. Buy  10500 call at 45 and Buy 10000 put at 40  Total paid 85 and closed 105 with a gain of 20 points. Bank Nifty Future    Long above 25000    + Option – Bank Buy   26000  call  at 31 Buy 25500  call GRASIM Holding long with stop loss 1090 Option Buy   10500  call and   10000   Put Bank Option Buy call given 25000 at 25  stop loss  NO  target 100   made a high 175 within one hrs. Aurbindo Pharma Long side SBI Long at 311………….. Daawat Delivery call for target …………….

 3M TEAM Research Deptt.
www.3mteam.in
Cell No. 9630466296 -9203900646 (also whatsapp)