POST MARKET FLASH JUNE 21st

 POST MARKET REVIEW -


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Talk of the town RELIANCE AGM meets on 24th June.



POST-MARKET REVIEWS -

NIFTY -

1) Today had a negative opening, due to global negative closing on Friday 18th June.

2) Today NIFTY had a negative opening.

3) NIFTY opened gap down @ 15525 levels.

4) NIFTY made a low bottom @ 15505 levels & recovery was done with good price action.

5) NTPC & NMDC a COMMODITY SECTOR stock rallied above 3% on the upside.

6) ADANI PORTS & ADANI GROUPS we're above 5% on the upside today.

7) Today AUTO SECTOR was in a range bound, ASHOK LEYLAND / TVS MOTORS we're on the upside.

8) The HINDPETRO from ENERGY SECTOR rallied above 2% on the upside.

9) The UBL stock from FMCG SECTOR rallied above 3% on the upside.

10) The INDIGO stock from INFRA SECTOR rallied well on the upside.

11) Today IT SECTOR looked weak.

12) The APL APOLLO TUBES stock from METAL SECTOR made a rally above 5% on the upside.

13) PHARMA SECTOR was trading in a range-bound, BIOCON had a good move on the upside.

14) NIFTY made a day high @ 15765 levels & closed to hold above 15725 levels.

15) Market is waiting for RELIANCE AGM meeting held on 24th June, this meet may turn around market sentiments.




BANK NIFTY -

1) BANK NIFTY had a gap down opening @ 34109 levels.

2) BANK NIFTY made a bottom low @ 33937 levels.

3) BANK NIFTY made a recovery with an intraday high @ 34927 levels.

4) All private bank recovered with retracement.

5) PSU SECTOR made a good rally above 4%, this managed BANK NIFTY recovery from the bottom.

6) CENTRAL BANK / J&K BANK / IOB rallied above 20% today.

7) FINANCIAL SECTOR was range-bound.

8) PEL had an upside move above 3% on the upside.

9) Only BAJAJ FINSERV had an upmove.

10) HDFC LTD & HDFC LIFE we're holding on upside.

11) SBI had an upside hold today.

12) All PSU BANK we're strong bullish today.

13) BANK NIFTY hold to close above 34800 levels today.



๐Ÿšง CAUTION ON CLOSING BASIS ๐Ÿšง 

NIFTY -
 15725 ke uppar hum uppar, 15700 ke neeche hum neeche.

BANK NIFTY -
 35200 KE UPPAR HUM UPPAR, 34800 KE NEECHE HUM NEECHE.๐Ÿ™



Stay tuned on Blogs,
For upcoming Intraday levels for 22nd June.


-REGARDS-
Kirthee Bane



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