JULY 2021 MONTH ANALYSIS -
July 05th - July 09th
NIFTY JULY 2021 ANALYSIS UPCOMING -
NIFTY -
1) NIFTY will have movements on both sides in July month.
2) NIFTY is holding a bullish channel in a longer time frame & is in N shape recovery.
3) 15720 level will be NIFTY July month trend changing levels.
4) NIFTY has rejected multiple times @ 15840 levels.
5) To break rejecting levels NIFTY must open a gap up above 15840 levels to create a new fresh all-time high.
6) NIFTY 15915 levels act as a strong resistance and once broken it will ride till logical 16000 levels.
7) NIFTY waiting upper levels are 16161.
8) NIFTY above 16161 will move till 16370 & 16666 levels.
9) NIFTY if tests upper levels first, then we might see a correction till 15165 accumulation zone.
10) 15529 levels will be a bounce-back zone, once we close below this level, then the downside moves will be till 15165.
11) NIFTY 15720 levels will be bullish & below will be bearish.
12) NIFTY will create new fresh highs in July month.
BANK NIFTY JULY 2021 ANALYSIS -
BANK NIFTY -
1) BANK NIFTY is holding a bullish channel in a longer time frame.
2) BANK NIFTY will be bullish above 35200 levels.
3) BANK NIFTY has a strong resistance @ 35810 levels.
4) BANK NIFTY a day closing above 35810 levels will ride upside till 36666 levels.
5) BANK NIFTY next closing above 36666 will be a rocket to make fresh all-time highs till 37800 / 39393 levels on the upside.
6) BANK NIFTY 34646 levels will be a bounce-back zone.
7) BANK NIFTY below 35200 levels will be bearish on a closing basis.
8) BANK NIFTY below 35200 levels we can see BANK NIFTY sliding till 34746 / 34287 & 33800 levels.
9) BANK NIFTY 33000 levels will be a good accumulation zone.
10) BANK NIFTY looks to make new fresh all-time highs in July month.
11) BANK NIFTY above 35200 bullish & below bearish for July month
USDINR JULY 2021 ANALYSIS -
USDINR -
1) USDINR is @ confusing will it be in N shape recovery or is going to make a double top.
2) USDINR June month trend changing will be 74.90
3) USDINR above 74.90 will be bullish.
4) USDINR below 74.90 will be bearish.
5) USDINR 75.25 / 75.35 / 75.50 & 75.75 will be upper levels.
6) USDINR a closing above 75.75 will lead on to 76 & 76.36 levels.
7) USDINR below 74.90 levels will slide downside till 74.35 levels.
8) USDINR closing below 74.35 levels will fall brutally till 74 / 73.72 levels.
9) USDINR 73.72 levels is an accumulation zone.
10) USDINR below 73.72 levels will be a very fast fall till 73.37 / 63 / 72.72 & 72.36 levels.
A NEXT MULTIBAGGER STOCK -
SUZLON ENERGY LTD -
Suzlon Energy has consolidated for many years on this zone.
Suzlon is a renewable energy source company.
Suzlon has been crashed past 10 years.
The future is depending on renewable sources of energy.
The present is on thermal power energy which will not sustain in India due to population.
Suzlon energy has the potential to grow in future years.
Suzlon Energy is @ Accumulation zone & a good time to buy.
Suzlon energy is in the long term run. If one buy & hold it for ten years the stock price will be above 600 levels.
In Suzlon energy, we can even look for short term targets to 36 levels.
A closing above 37 will take a stock ride till 59 levels.
The stock is held to close above 59 at least a month, then it will be 100-century levels.
Don't get regretted Just buy the stock and leave it for 10 years. Think as if you have kept a Fixed deposit.
BUY A STOCK @ REASONABLE PRICE, WITH FUTURE GROWING ANALYSIS. - Kirthee Bane
VIBES -
