Upcoming Week July 12th - 16th Analysis









UPCOMING WEEKLY ANALYSIS -
     July 12th - July 16th








NIFTY ANALYSIS UPCOMING WEEK -

NIFTY -

1) NIFTY weeks closing @ 15689 levels.

2) NIFTY has closed with an auspicious weekly candle.

3) NIFTY looks bullish above 15700 levels.

4) This upcoming week, we may see a volatile day in the market.

5) NIFTY has a strong resistance @ 15915 levels. Which was rejected many times & selling was seen on these levels. 
15915 levels can be held only if the market opens a gap up above this level.

6) Once NIFTY opens the gap up above 15915 levels, 16000 will be the next logical level to test.

7) NIFTY above 16000 levels market may test 16300 & 16661 levels on the upside.

8) NIFTY July month trend will be decided in the upcoming week, whether ups or downs.

9) NIFTY below 15680 levels can even test 15441 & 15300 levels.

10) NIFTY on closing below 15300 levels can lead downside to 15165 - 15950 levels.

11) NIFTY 15165 - 14950 levels will be a good accumulation zone for a good bounce back on the upside.

12) On NIFTY, My views on 15th July day to watch the market for trend reversal.








BANK NIFTY ANALYSIS UPCOMING WEEK -
BANK NIFTY -

1) BANK NIFTY weekly closing @ 35072 levels.

2) BANK NIFTY will be bullish above 35200 levels.

3) BANK NIFTY has potential on the upside.

4) BANK NIFTY has a resistance @ 35810 levels.

5) BANK NIFTY has a bounce-back @ 33200 - 33800 levels on the downside.

6) BANK NIFTY above 36000 levels will be none stoppable bullish.

7) BANK NIFTY will be ready to make new highs till 39393

8) BANK NIFTY has a good July month support level @ 34746.

9) BANK NIFTY to watch on 15th July for trend reversal.









USDINR UPCOMING WEEK ANALYSIS -
USDINR -

1) USDINR weeks closing @ 74.79 levels.

2) USDINR will be strong above 74.90levels.

3) USDINR will be bearish until it's below 74.90 levels.

4) A closing below 74.60 levels will have a brutal fall.

5) A closing above 75.10 will be a rocket rise on the upside.

6) My views on USDINR, may have both side movements in the upcoming week.




A Weekend Thought -



-REGARDS-
Kirthee Bane

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