POST MARKET REVIEW JUNE 9th

 POST MARKET REVIEW -


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Today again NIFTY celebrated making a fresh all-time high @ 15800 levels.



TODAY'S INTRADAY PERFORMANCE -

HINDUNILVR - The stock was in stable range-bound in the falling market today.




POST-MARKET REVIEWS -

NIFTY -

1) Today's global market opened flat.

2) NIFTY had a flat opening @ 15766 levels.

3) NIFTY made a fresh all-time high @ 15800 levels.

4) NIFTY & BANK NIFTY has been trading in a channel, breakout or breakdown of the channel will be a massive move seen. Had said in yesterday post-market review blog, today the channel broke & huge profit booking was seen in both indices.

5) NIFTY huge profit-booking was seen from 15800 levels.

6) NIFTY made low of 15565 levels.

7) Profit booking was 235 points.

8) NIFTY is holding 15555 logical levels.

9) Today was a volatile market.

10) All sectors had a huge profit booking.

11) NIFTY opened @ 15766, made a high @ 15800 levels. With a days low @ 15565 levels & closed above 15600 levels.




Todays NIFTY & BANK NIFTY intraday chart, A broken channel shown above.

HAD TOLD MY THOUGHT ON THE MARKET BEFORE  - सौभाग्य न सब दिन सोता है,
देखें, आगे क्या होता है।👍




BANK NIFTY -

1) BANK NIFTY had a flat opening @ 35114 levels.

2) BANK NIFTY made a high @ 35402 levels.

3) As suggested in the last blogs, BANK NIFTY was under selling pressure.

4) BANK NIFTY was in the range-bound past few days & has given a breakdown today.

5) BANK NIFTY a huge profit booking was seen from today's high.

6) Profit booking was of 750 points on downside seen today.

7) AXIS BANK has taken support @ 733 levels.

8) PSU BANK SECTOR was in selling pressure past 4 trading days, which pulled BANK NIFTY downside today.

9) BAJAJ TWINS had a stable fall today.

10) HDFC TWINS still look bearish.

11) BANK NIFTY made a low @ 34641 levels.

12) BANK NIFTY closed above 34800 levels.


Stay tuned on Blogs,
For upcoming intraday levels for 10th June.


-REGARDS-
Kirthee Bane



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