Positive foreign institutional investors (FII), sentiments and futures and options (F&O), neutral global market and negative Domestic Institutional Investors (DIIs), cues suggest that the short-term trend of the Indian market will be Positive on Tuesday, May 21, 2019.  

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Earlier on Monday, May 20, 2019, traders and investors celebrated the exit poll results for the elections and pushed the market to all-time highs. Nifty registered its highest daily gain in the last 10years and closed up by 421.10 points, 3.69 per cent, at an all-time high of 11,828. Yesterday’s move was the second largest movement in the history of Nifty led by stocks like Adani Ports (10.99 per cent), Indiabulls Housing (10.62 per cent) and IndusInd Bank (8.77 per cent). 

BSE Sensex rose by 1421.90 points, 3.75 per cent, to 39,352.67 and Bank Nifty went up by 1,309.55 points, 4.45 per cent, to settle at 30,759.70. 

Zee Business's Managing Editor Anil Singhvi's Market Strategy for May 21:  
10,800 and 30,650 are going to be the deciding levels on Nifty and Bank Nifty. 
The small and medium day range for trading on Nifty lies between 11,775-11,900 and 11,725-11,975. 
The small and medium day range for trading on Bank Nifty lies between 30,650-30,850 and 30,500-31,000. 

For Existing Long Positions:
Nifty intraday and Closing basis stop loss 11,725. 
Bank Nifty intraday and Closing basis stop loss 30,500. 

For New Positions:
Buy Nifty with a stop loss of 11,725 and target 11,860, 11,900, 11,975. 
Sell Nifty near 11,975 with a stop loss of 12,025 and target 11,900. 
Buy Bank Nifty with a stop loss of 30,500 and target 30,850, 31,000. 
Put-Call Ratio (PCR) 1.29 volatility index (VIX) down by 15.70% at 23.67.
Enters F&O Ban: Reliance Capital
Already in Ban: Jet Airways. 

Stock of the Day:
Sell UBL Futures: Stop loss 1380 and target 1325, 1310. Weak operational performance.

Aaj Ka Hero:
Buy Tata Motors Futures: Stop loss 186 and target 193, 195. Stable operational performance, No new negative in results.