POST-MARKET REVIEW JULY 01st - 30th
JULY MONTH POST-MARKET REVIEWS -
NIFTY July Month Analysis Chart -
1) The local market cues & Quarterly results in July month has made NIFTY hold on the upper end.
2) The mixed Global events made the global market volatile & fresh all-time highs were seen.
3) NIFTY had a July month opening @ 15755 levels, made months low @ 15513 levels.
4) NIFTY in July month celebrated with fresh all-time high @ 15962 levels & had a monthly closing above July month opening levels.
5) NIFTY had a movement of just 449 points in July month.
6) AUTO SECTOR had a good opening in July month. But could not sustain on the upper end, had a correction in July month by the effect of Covid 2nd wave.
TATA MOTORS corrected 20% on the downside.
August month will be interesting for AUTO SECTOR stocks.
One can look for short term Buying -
HERO MOTO
BAJAJ AUTO
TVS MOTORS
ASHOK LEYLAND
M&M
EICHER MOTORS
7) COMMODITY SECTOR was trading in range-bound for June month & Gave a good breakout for upside in July month.
All cement & Steel Stocks made a good rally in July month.
8) ENERGY SECTOR had a correction from June month, Stock is overcorrected.
For short term Buying -
TATA POWER & ADANI GREEN
9) FMCG SECTOR had good price action moves on the upside in June month, but in July month series sector was trading in a range-bound.
BRITANNIA have corrected. Can look for buying short term.
GODREJ CONSUMER had a 15% upmove in the July series
HINDUNILVR have made a 9% correction on the downside.
ITC made on the upside with 8%.😂
MARICO is in make or break zone.
TATA CONSUMER is in the make or breaks zone.
UBL my favourite stock is also on the make or break zone.
MCDOWELL has given a breakout for upside, with support 600. One look for buy.
VBL is also good to buy with 700 as support.
FMCG SECTOR rocking stock was JUBILANT FOODS with 25% upside gains in July month.
10) INFRA SECTOR has given consolidation zone breakout & made a double top on the upside.
11) IT SECTOR was rocking for July month, on global positive cues & with good output results.
All IT stocks have rallied, now correction tho bantha hai.
12) MEDIA SECTOR had small pain on the downside.
PVR / ZEEL / TV TODAY NETWORK looks for buying in short term.
13) METAL SECTOR was a rocker of July month.
APL APOLLO TUBES LTD made again fresh all-time highs.
ADANI ENTERPRISES closing Above 1450 will see a massive move on the upside.
TATA STEEL & JSW STEEL did a massive rally on the upside.
14) MID CAP SECTOR is trading in a range-bound.
15) PHARMA SECTOR had the last day rally due to SUNPHARMA which gained 12% in a single day.
PHARMA stocks have almost corrected in June & JULY month.
AURO PHARMA & LUPIN can be buyers for the short term.
16) NIFTY REALITY is in a range all days of June month and gave a breakout for upside with mass moves.
GODREJ PROPERTIES was a rocker with 20% gains.
17) NIFTY in AUGUST MONTH will be sell on rise, In AUGUST month we may see both sides move in NIFTY.
UPSIDE - 16200/16300
DOWNSIDE - 15165 / 14750
NIFTY in AUGUST month Views -
NIFTY 15720 ke Uppar, Hum Uppar.
15700 Ke Neeche, Hum Neeche.
15450 stays as strong support & oversold zone, below this level NIFTY will be ready to test 15165 & 15750 levels on the downside.
15700 will be trend changing level for NIFTY in AUGUST month.
BANK NIFTY June Month Analysis Chart -
1) BANK NIFTY had a July month opening @ 34866 levels, made June month high @ 35985 levels & made a low till 34115levels, had July month closing below 34750 levels.
2) BANK NIFTY had a movement of @ 1870 points in July month. The same movement was seen in June month also.
3) BAJAJ FINANCE made a good rally in June month.
4) KOTAK BANK has corrected a lot in July month.
5) HDFC TWINS / SBI / AXIS BANK have also corrected & yet to get correction.
6) SBI is holding BANK NIFTY above 34000 levels.
7) ICICI BANK was rocker of the month for July month.
8) Overall BANK NIFTY has made a closing below 34800 levels.
34000 logical level is support for AUGUST month.
Break down of 34000, will be bearish till 33000 / 32000 levels.
"BANK NIFTY 34950 ke Uppar, Hum Uppar.
Aur 34950 ke neeche, Hum neeche.
CAPITO 50 STOCKS BUYING LEVELS FOR AUGUST MONTH WILL BE POSTED SOON -
Stay tuned on Blogs,
For upcoming AUGUST month Analysis & weekly analysis
-REGARDS-
Kirthee Bane
