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UPCOMING WEEKLY ANALYSIS -
June 07th - June 11th
NIFTY ANALYSIS UPCOMING WEEK -
NIFTY -
1) NIFTY closed @ 15670 levels.
2) NIFTY will be bearish below 15555 levels.
3) NIFTY downside levels are 15400 / 15333 / 15222.
4) NIFTY bounce back zone will be 14380 - 15450 levels.
5) NIFTY 1st target 15777.
6) NIFTY 2nd target 15890.
7) NIFTY 3rd target 16000 a logical level, which might test or get reverted.
8) NIFTY 4th target 16161 on the upside.
9) NIFTY will make new highs in the upcoming week.
BANK NIFTY ANALYSIS UPCOMING WEEK -
BANK NIFTY -
1) BANK NIFTY closed @ 35245 levels.
2) BANK NIFTY upper trends will activate above 35713 levels.
3) BANK NIFTY was on a breakout above 34247 levels, for a rally of 1500 - 2000 points on the upside.
4) BANK NIFTY has completed 35810 high this week.
5) As of 1500 points rally from 34247 levels completed.
6) There is been a pending rally of 500 points on upside.
7) BANK NIFTY on 1st target 36236 will complete 2000 points rally from 34247.
8) BANK NIFTY will more on the upside if holds to close above 36236 levels on daily basis.
9) BANK NIFTY will move towards 2nd target 36996 levels.
10) BANK NIFTY 3rd target will be 37400 levels.
11) BANK NIFTY, the daily close above 37400 will gear up to all-time high 37708 levels.
12) As of NIFTY has been making an all-time high, but BANK NIFTY is preparing for new highs but must wait & watch will it make any all-time highs.
13) My views if BANK NIFTY makes an all-time high in the present scenario it may be till 38000 - 38383 levels.
14) BANK NIFTY upcoming week accumulation zone will be 35000 - 35200 levels.
15) Downside support levels will be 34907 / 34530 / 34104 / 33194.
USDINR UPCOMING WEEK ANALYSIS -
USDINR -
1) USDINR closed @ 73.16 levels.
2) USDINR has created a symmetrical triangle chart pattern.
3) USDINR above 73.40 will be bullish till 73.56 levels.
4) USDINR above 73.56 will give a good upside rally till 74 / 74.20 levels.
5) In the upcoming week below 73 levels will be bearish.
6) Bearish will be till 73.80 levels.
7) USDINR has good support @ 73.80 levels.
8) In an upcoming week a good accumulation zone is 73.80 levels.
9) Below 73.73 will be a sharp fall @ downwards till 72.62 / 72.27 / 72 levels.
10) My views we will see soon USDINR sailing @ 71.71 levels.
- US JOBS DATA HAD A SOFT OUTPUT -
Weekend Thoughts -
