UPCOMING WEEKLY ANALYSIS -
July 19th - July 23rd
NIFTY ANALYSIS UPCOMING WEEK -
NIFTY -
1) NIFTY weeks closing @ 15923 levels.
2) NIFTY has closed with an auspicious weekly candle.
3) NIFTY looks bullish above 15929 levels.
4) This upcoming week, we may see a pullback downside.
5) NIFTY has a strong resistance @ 15915 levels. Which was rejected many times & 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 16060 levels market may test 16199 levels on the upside.
8) NIFTY July month trend has been decided above 15929 bullish & below bearish.
9) NIFTY below 15740 levels can even test 15645 levels.
10) NIFTY on closing below 15645 levels can lead downside to 15225 - 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 a small pull pain can be seen.
BANK NIFTY ANALYSIS UPCOMING WEEK -
BANK NIFTY -
1) BANK NIFTY weekly closing @ 35755 levels.
2) BANK NIFTY will be bullish above 35810 levels.
3) BANK NIFTY has potential on the upside.
4) BANK NIFTY has a resistance @ 36000 logical levels.
5) BANK NIFTY has an NoN-trading zone between 35400 - 35800 levels.
6) BANK NIFTY 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.
9) BANK NIFTY has banking results in the upcoming days.
USDINR UPCOMING WEEK ANALYSIS -
USDINR -
1) USDINR weeks closing @ 74.71 levels. Which is nearby to the previous week closing.
2) USDINR will be strong above 74.80 levels.
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 till 75.40 / 75.75 / 76.10
6) My views on USDINR will have a short move only.
A Weekend Thought -
