POST MARKET REVIEW JUNE 28th - July 2nd
POST-MARKET REVIEWS -
NIFTY -
1) This week had an opening @ 15915 & the week high was the same as the opening.
2) NIFTY made weeks low @ 15635 levels & again got a closing above 15720 levels, this seems next week to bullish.
3) AUTO SECTOR was trading in a range-bound.
BHARAT FORGE / MOTHERSONSUMI gave good upside moves.
4) COMMODITY SECTOR has corrected this week.
ATUL LTD & PI INDUSTRIES had a good move upside.
One can look for Cement stocks for July month buy.
5) ENERGY SECTOR was in correction mode, now time to move upside.
6) FMCG SECTOR has got good corrections on the downside, especially COLPAL & BRITANNIA have made good corrections.
VBL / UBL / MCDOWELLS / HUL / BRITTANNIA & COLPAL good to buy in July month.
7) INFRA SECTOR is in correction, one can focus on CONCOR stock for July month buy.
8) IT SECTION looks still strong for upper moves in upcoming days.
9) Time for MEDIA SECTOR to rise in upcoming days.
PVR / TV18 / TV TODAY & D B CORP LTD are ready for upper move in upcoming days.
10) METAL SECTOR looks a small pain corrected, one can go for ADANI ENTERPRISE/ TATA STEEL / APL APOLLO / MOIL / JSW STEEL & MOIL for July month buy.
11) REALITY SECTOR has been in an oversold zone, one can go for PRESTIGE ESTATE / PHOENIX MILLS / GODREJ PROPERTIES & BRIGADE ENTERPRISES for buying in July month
12) PHARMA INDEX have made a fresh all-time high, now the stocks rally with fresh all-time highs.
All Pharma stocks look bullish for upcoming days.
13) NIFTY looks to Buy on dips in July month.
BANK NIFTY -
1) BANK NIFTY had a weekly opening @ 35488 levels, made weeks high @ 35576 & made a low till 34632 levels, had weeks closing above 34800 levels.
2) The weekly closing resembles bullish next week but depends on the 5th July openings.
3) PSU SECTOR was trading in a range-bound.
4) FINANCIAL SECTOR is trading in a range-bound.
5) AXIS BANK / SRT FINANCE / SBIN / PEL / MUTHOOT FINANCE & BAJAJ FINANCE are trading in a range bound.
These stocks are ready for a breakout or break down.
6) KOTAK BANK / HDFC LTD / HDFC LIFE / HDFC AMC / CHOLAMANDALAM & BAJAJ FINSERV are corrected stocks.
7) BANK NIFTY has not done a bigger move according to NIFTY, Some bigger moves are waiting for BANK NIFTY.
8) BANK NIFTY in July month will be bought buy on dips.
Stay tuned on Blogs,
For upcoming weekly indices analysis & Intraday levels 5th July
-REGARDS-
Kirthee Bane
