POST MARKET REVIEW -
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TODAY'S INTRADAY PERFORMANCE -
HERO MOTO - The stock moved from 3045, a suggested intraday level. Made a high till 3078 levels.
HDFC BANK - The stock was bearish today moved downside from 1495 levels to 1482.
HDFC LTD - The stock was bearish, there was a big fall from suggested levels from 2582 to 2550 on the downside.
LUPIN - The stock made both side rally as suggested selling was from 1223, moved downside till 1218. The buying was @ 1233, moved on the upside till 1236.
POST-MARKET REVIEWS -
NIFTY -
1) Today's global market opened flat & profit-booking was seen yesterday in the global market.
2) Yesterdays SXG NIFTY shot up till 15810, on PM announcement.
3) Today's market was flat but again celebrated with a fresh all-time high @ 15778.
4) NIFTY had a flat opening @ 15773. But could not hold fresh all-time high levels 15778, good selling was seen of 100 points on downside.
5) NIFTY made a intraday low @ 15680 levels.
6) In today's flat market IT SECTOR stocks rallied on the upside.
7) BRITANNIA again woke up for an upside above 1.5%.
8) AUTO SECTOR, MARUTI gave upside rally in intraday. Now Maruti is overheated.
9) PHARMA SECTOR had a flat move today.
10) NIFTY look still bullish.
11) NIFTY is holding above 15700 levels in the intraday session.
12) HDFC TWINS & KOTAK BANK had a bearish trend @ intraday session today.
13) IN a flat market BHARTIARTL gave a move.
14) Due to a peak margin of 75%, in the market there is low volatility & less volume.
15) Better to stay CAUTIOUS, while trading in NIFTY. we may see a profit-booking within few upcoming days.
16) Fresh selling was seen in the NIFTY @ last trading hours.
17) Today's NIFTY opening @ 15773, made low @ 15680. With days high @ 15778 in openings & holds to close above 15700 levels.
NIFTY & BANK NIFTY has been trading in a channel, breakout or breakdown of the channel will be a massive move seen.
BANK NIFTY -
1) BANK NIFTY had a flat opening @ 35433.
2) BANK NIFTY made a small high on openings @ 35499 levels.
3) BANK NIFTY had a selling pressure of above 450 points on the downside.
4) BANK NIFTY again took support @ 34960 levels.
5) BANK NIFTY 34900 stays in strong support for this weekly expiry. break down from these levels, we will see a massive fall on the downside.
6) BANK NIFTY has formed a consolidation sideways the past two days in the higher time frame.
7) According to NIFTY facing a fresh all-time high daily, BANK NIFTY yet to get prepared for all-time highs.
8) BANK NIFTY has formed a channel in a smaller time frame
9) BANKS were @ selling pressure today.
10) HDFC TWINS underperformed today.
11) KOTAK uncle ( KOTAK BANK ) is on a flat move, a volume in the delivery has seen in KOTAK BANK.
12) A fresh buying was seen in BANK NIFTY in the last closing hours.
13) Something positive sentiments are holding BANK NIFTY @ 34900 levels.
14) BANK NIFTY to move on upwards needs the support of KOTAK uncle & HDFC twins. Let's hope for positive sentiments to arise between the two banks.
15) Today's BANK NIFTY opening @ 35433 made low @ 34960. With days high @ 35449 in openings & holds to close above 34960 levels.
Stay tuned on Blogs,
For upcoming intraday levels for 9th June.
-REGARDS-
Kirthee Bane
