UPCOMING WEEKLY ANALYSIS -
June 28th - July 02
NIFTY ANALYSIS UPCOMING WEEK -
NIFTY -
1) NIFTY weeks closing @ 15847 levels.
2) NIFTY has closed above 15800 levels this week.
3) NIFTY will be weeks bullish above 15901 levels.
4) NIFTY upside targets 16136 & 16464 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, 16000 is a logical level that can be tested.
6) NIFTY top levels to be watched this week.
7) NIFTY will be bearish below 15720 levels.
8) NIFTY downside levels will be 15555 which is strong support for the present market scenario.
9) NIFTY below 15555 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. STEEL SECTOR / IT SECTOR & AUTO SECTOR looks strong for upside.
13) The global market conditions look positive this week.
14) Our NIFTY might react more positively to US market moves.
15) NIFTY upcoming weeks accumulation zone between 15700 levels. Remember "15720 ke uppar hum uppar" Aur "15720 ke neeche hum neeche" on a closing basis.
"Now we are 15720 ke upper"
BANK NIFTY ANALYSIS UPCOMING WEEK -
BANK NIFTY -
1) BANK NIFTY weekly bullish closing @ 35327 levels
2) BANK NIFTY will be bullish above 35500 levels.
3) BANK NIFTY 36194 & 36616 upper targets will act as strong resistance.
4) BANK NIFTY on a closing basis above 35800 can make a fast upmove.
5) BANK NIFTY on a weekly closing basis looks short term bullish.
6) BANK NIFTY has retraced downside levels, ready for upmove on local & global sentiments.
7) KOTAK BANK is @ oversold zone technically. These stocks might take BANK NIFTY on the upside.
8) AXIS BANK has also retraced on the downside & was trading in a single zone, which has given a breakout. Above 766, the upper move will be 780 / 790 levels.
9) BANK NIFTY respected 33900 levels.
10) BAJAJ FINANCE has upside potential in the upcoming days.
11) BANK NIFTY will be Short term bearish only below 35000.
12) BANK NIFTY downside 34800 / 34700 levels.
13) BANK NIFTY upcoming weeks accumulation zone @ 34899 levels. Remember "35200 ke uppar hum uppar" Aur "35800 ke neeche hum neeche" on a closing basis.
"Now we are 35200 levels ke uppar".
14) But in upcoming days 35800 levels to watch.
15) BANK NIFTY has views of a bullish trend for the upcoming July Month.
USDINR UPCOMING WEEK ANALYSIS -
USDINR -
1) USDINR weeks closing @ 74.44 levels.
2) USDINR will be weak below 74.26 levels.
3) USDINR has given an upmove on US FED EVENT positively Last week.
4) USDINR downside levels 74.06 / 73.82 levels.
5) USDINR has a gap zone @ 73.87 if weakness comes. It will fill the gap.
6) Below 73.87, we might see a slippage till 73.73 & 73.37 levels.
7) 73.73 levels will act as strong support for USDINR for some days.
8) Below 73.73 USDINR will be very weak in the upcoming days.
9) USDINR strong base @ 74.06 levels.
10) USDINR bullishness will be seen only above 74.50 levels.
11) USDINR upper targets 74.61 / 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 of USDINR be prepared to SELL ON RISE.
A Weekend Attitude -
