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UPCOMING WEEKLY ANALYSIS -
June 21st - June 25th
NIFTY ANALYSIS UPCOMING WEEK -
NIFTY -
1) NIFTY weeks closing @ 15719 levels.
2) NIFTY has closed suspicious this week.
3) NIFTY will be weeks bullish above 15767 levels.
4) NIFTY upside targets 15888 & 15901 will act as strong resistance, once the fresh all-time high breaks.
5) NIFTY might fly for the upcoming week above fresh all-time high, 15973 & 16000 is a logical level can be tested.
6) NIFTY top levels 16060 / 16161 can be seen only with positive global outputs.
7) NIFTY will be bearish below 15450 levels.
8) NIFTY downside levels will be 15375, which is strong support for the present market scenario.
9) NIFTY below 15375 levels we can see downside 15269 / 15150 / 15050 levels.
10) NIFTY below 15050 levels might slip to our last logical 14900 levels.
11) NIFTY has retraced a downside in a single day on 18th June.
12) NIFTY might boost the upside on global positive cues. HCL TECH & FMCG SECTOR looks strong for upside.
13) THE US President Joe Biden announcement on Infrastructure, Might boost & hold the US market for an upside rally.
14) Our NIFTY might react more positively to US market moves.
15) NIFTY upcoming weeks accumulation zone between 15620 - 15720 levels. Remember "15720 ke uppar hum uppar" Aur "15720 ke neeche hum neeche" on a closing basis.
BANK NIFTY ANALYSIS UPCOMING WEEK -
BANK NIFTY -
1) BANK NIFTY weekly closing @ 34692 levels
2) BANK NIFTY will be bullish above 34800 levels.
3) BANK NIFTY 35000 & 35200 upper targets will act as strong resistance.
4) BANK NIFTY on claiming basis above 35300 can make a fast upmove till 36200 / 36500/levels on the upside.
5) BANK NIFTY on a weekly closing basis looks weak.
6) BANK NIFTY has retraced downside levels, ready for upmove on local & global sentiments.
7) KOTAK BANK & HDFC TWINS are @ oversold zone technically. These stocks might take BANK NIFTY on the upside.
8) AXIS BANK has also retraced on the downside & trading in a single zone, ready for a breakout. Above 753, the upper move will be 780 / 790 levels.
9) BANK NIFTY respected a bullish 34287 levels.
10) HDFC LIFE has upside potential in the upcoming days.
11) BANK NIFTY will be bearish only below 33900 retraced levels.
12) BANK NIFTY downside 33500 / 33100 levels.
13) BANK NIFTY upcoming weeks accumulation zone between 34600 - 34800 levels. Remember "35200 ke uppar hum uppar" Aur "35800 ke neeche hum neeche" on a closing basis.
14) But in weeks closing we are 35800 me neeche.
15) BANK NIFTY has also closed with suspicious, must look for upcoming which side rally takes place. Depends on the weeks opening.
USDINR UPCOMING WEEK ANALYSIS -
USDINR -
1) USDINR weeks closing @ 74 levels.
2) USDINR will be weak below 74 levels.
3) USDINR has given an upmove on US FED EVENT positively.
4) USDINR downside levels 73.73 73.48 levels.
5) USDINR has a gap zone @ 73.48 if weakness comes. It will fill the gap.
6) Below 73.48, we might see a slippage till 73.27 & 73.14 levels.
7) 73 levels will act as strong support for USDINR for some days.
8) Below 73 USDINR will be very weak in the upcoming days.
9) USDINR strong base @ 72.60 levels, below these levels downside targets will be as 72.27 / 71.71 levels.
10) USDINR bullishness will be seen only above 73.37 levels.
11) USDINR upper targets 74.50 / 74.60 / 74.74 & 75 as a strong resistance zone.
12) USDINR will only move upside if selling pressure is seen in the equity market.
13) My views USDINR Sell on Rise.
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