POST-MARKET REVIEW JUNE 01st - 30th
JUNE MONTH POST-MARKET REVIEWS -
NIFTY June Month Analysis Chart -
1) The local market cues in June month had a mixture of events, which made NIFTY hold on the upper end.
2) The positive Global events made the global market in the upper end.
3) NIFTY had a June month opening @ 15629 levels, made months low @ 15450 levels.
4) NIFTY in June month celebrated with fresh all-time high @ 15915 levels & had a monthly closing below 15720 levels.
5) NIFTY had a rally of just 465 points in June month.
6) AUTO SECTOR had a good opening in June month.
MARUTI / TVS MOTORS / BHARAT FORGE & TATA MOTORS made a 10% rally on the upside in June month.
7) COMMODITY SECTOR was trading in range-bound for June month.
8) ENERGY SECTOR had a good opening in June month, which was seen some correction.
TATA POWER had a 30% rally on the upside.
ONGC had a 10% rally on the upside.
POWER GRID had a 10% rally on the upside.
RELIANCE had a 5% rally on the upside, it got corrected with nearly 8% on the downside after AGM meet on 24th June.
9) FMCG SECTOR had good price action moves on the upside in June month.
BRITANNIA had a movement on the upside of 8%
DABUR had an 8% move on the upside.
EMAMI LTD had a 10% move on the upside.
GODREJ CONSUMER had a 10% move.
HINDUNILVR had above 6% moves on the upside.
ITC got corrected on the downside with 8%.
MARICO had above 10% move on the upside.
TATA CONSUMER was above 15% gains on the upside.
UBL my favourite stock had an upside rally of 17% in June month.
MCDOWELL had a 10% upside rally.
VBL had a 40% upper circuit on the upside in June month.
FMCG SECTOR was a rocking sector for June month.
10) INFRA SECTOR was trading in a consolidation zone.
11) ITC SECTOR was rocking for June month, on global positive cues.
INFY had a 15% rally on the upside.
MINDTREE & TECH MAHINDRA with 10% on the upside.
HCLTECH with 6% on the upside.
TCS rallied 12% on the upside.
12) MEDIA SECTOR was range-bound.
13) METAL SECTOR moved on both sides rally in June month.
APL APOLLO TUBES LTD / ADANI ENTERPRISES / COAL INDIA & WELSPUN CORP LTD had a 10% upmove in June month.
14) MID CAP SECTOR had a good upside rally in June month.
VOLTAS & APOLLO TYRE had an above 10% rally on the upside.
15) PHARMA SECTOR had both side rallies in June month.
PHARMA stocks have almost corrected in June month.
16) NIFTY REALITY is in a range all days of June month.
17) NIFTY in JULY MONTH will Buy on dips, In July month we have companies quarterly results.
NIFTY in JULY month Views -
NIFTY 15720 ke Uppar, Hum Uppar.
15720 Ke Neeche, Hum Neeche.
15528 stays as strong support & oversold zone, below this level NIFTY will ready to test 15165 levels on the downside.
The 15165 levels will be a Strong accumulation zone for NIFTY in July month.
BANK NIFTY June Month Analysis Chart -
1) BANK NIFTY had a June month opening @ 35639 levels, made June month high @ 35810 levels & made a low till 33908 levels, had June month closing below 34800 levels.
2) BANK NIFTY had a movement of @ 1900 points in June month.
3) BAJAJ FINANCE made a good rally in June month.
4) KOTAK BANK has corrected a lot in June month.
5) HDFC TWINS / SBI / AXIS BANK have consolidated the whole month.
6) IOB / INDIAN BANK / UCO BANK & J&K BANK have shot up above 20% in June month.
7) RBL BANK have consolidated in June & is ready to fly for July month.
8) Overall BANK NIFTY has made a closing below 34800 levels.
Has to look for a dip on buy for July quarterly result month.
34746 is a support & bounce back zone for upside for July month.
Break down of 34746, then will be bearish till 33868 levels.
BANK NIFTY 33868 will be an accumulation zone for July month.
"BANK NIFTY 34800 me Uppar, Hum Uppar.
Air 34800 me neeche, Hum neeche.
CAPITO 50 STOCKS BUYING LEVELS FOR JULY MONTH -
Stay tuned on Blogs,
For upcoming weekly Intraday levels 01st July.
-REGARDS-
Kirthee Bane
