UPCOMING WEEKLY ANALYSIS -
July 26th - July 30th
NIFTY ANALYSIS UPCOMING WEEK -
NIFTY -
1) NIFTY weeks closing @ 15850 levels.
2) NIFTY has closed with a bullish view.
3) NIFTY looks bullish above 15850levels.
4) This upcoming week, we may see good volatility moves on both sides.
5) NIFTY has a strong resistance @ 15962 levels. Which was rejected & selling was seen on these levels.
16000 levels can be held only if the market opens a gap up above this level.
6) Once NIFTY opens the gap up above 16000 levels, 16060 will be the next logical level to test.
7) NIFTY above 16061 levels market may test 16161 levels on the upside.
8) NIFTY July month closing will be @ the upper end.
9) NIFTY below 15800 levels can even test 15740 levels.
10) NIFTY on closing below 15740 levels can lead downside to 15700 - 15600 - 15555 levels.
11) NIFTY 15740 - 14770 levels will be a good accumulation zone for a good bounce back on the upside for the upcoming week
12) On NIFTY, My views are bullish for the upcoming week.
BANK NIFTY ANALYSIS UPCOMING WEEK -
BANK NIFTY -
1) BANK NIFTY weekly closing @ 35000 levels.
2) BANK NIFTY will be bullish above 35200 levels.
3) BANK NIFTY has potential on the upside in the upcoming week.
4) BANK NIFTY has a resistance @ 36000 logical levels.
5) BANK NIFTY had an NoN-trading zone between 35400 - 35800 levels last week but in the upcoming week, a single side trend will be seen.
6) BANK NIFTY closing above 36000 levels will be none stoppable bullish.
7) BANK NIFTY will be ready to make new highs only if HDFC BANK & KOTAK BANK supports it.
8) BANK NIFTY has a good July month support level @ 34746 & we will see a July month closing @ the upper end.
9) BANK NIFTY has heavyweight banking stock results in the upcoming week.
USDINR UPCOMING WEEK ANALYSIS -
USDINR -
1) USDINR weeks closing @ 74.46 levels.
2) USDINR will be strong above 74.85 levels.
3) USDINR will be bearish until it's below 74.60 levels.
4) A closing below 74.60 levels will have a loss of momentum. We may see a downside till 74.25 & 74 levels.
5) A closing above 74.85 will be bullish on the upside till 75.10 / 75.25 / 75.45 levels.
6) My views on USDINR will make a good bottom in the upcoming week & rise on the upside for August month.
ADANI ENTERPRISES -
1) Adani Enterprises has formed a symmetrical triangle technically.
2) A closing above the symmetrical triangle is a bullish signal.
3) A closing below 1332 levels will turn to bearish mode.
4) A bearish mode can slip the stock to 1200 & 900 levels anytime.
5) A closing above symmetrical triangle will test 1500 & 1560 levels.
6) The ADANI ENTERPRISES stock has a upper potential for upcoming year's, I suggested every dip will be a good buying opportunity in equity segments.
ADANI PORTS -
1) Adani ports have even formed a symmetrical triangle.
2) A closing above the symmetrical triangle will be bullish till 800 levels onthe upside.
3) A closing below 636 will be bearish.
4) A bearishness may slip to 555 levels.
5) ADANI PORTS has good views for the upcoming years, every dip will be a buying opportunity for equity cash segments.
A Weekend Thought -
