Final Round of the Month: Who Will Dominate May Month Expiry โ€“ Bulls or Bears?

NIFTY FUTURES

๐Ÿ“ˆ Nifty Futures โ€“ Key Levels to Watch!

๐Ÿ”น Upside Resistance: Above 24,900, Nifty may face resistance near 25,000, with potential to test 25,150 if bullish momentum strengthens.

๐Ÿ”น Downside Support: Immediate support is at 24,630. A break below this could drag Nifty towards 24,530, and further down to 24,410.

BANK NIFTY FUTURES

๐Ÿฆ Bank Nifty Futures โ€“ Key Levels to Watch!

๐Ÿ”น Upside Resistance: Above 55,700, Bank Nifty may face resistance near 55,940, with potential to test 56,100 if buying pressure continues.

๐Ÿ”น Downside Support: Immediate support is at 55,200. A break below this could push Bank Nifty down towards 55,000, and further to 54,850.

KEY STOCKS TO WATCH

๐Ÿงช Deepak Fertilizers & Petrochemicals Corp Ltd

๐Ÿ”น Buy above: โ‚น1,450
๐Ÿ”น Target: โ‚น1,580
๐Ÿ”น Stop-loss: โ‚น1,320 (below)

๐Ÿ’ฐ Jio Financial Services Ltd

๐Ÿ”น Buy above: โ‚น300
๐Ÿ”น Target: โ‚น320 โ€“ โ‚น340
๐Ÿ”น Stop-loss: โ‚น280

๐Ÿงด Fine Organic Industries Ltd

๐Ÿ”น Buy above: โ‚น4,750
๐Ÿ”น Target: โ‚น5,030
๐Ÿ”น Stop-loss: โ‚น4,470 (below)

Until then, Happy Trading!

Commodity Samachar Securities
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