POST MARKET REVIEW 19th - 23rd July
POST-MARKET REVIEWS -
NIFTY -
1) This week had a huge gap opening @ 15856 & the week high was 15899 levels.
2) NIFTY made weeks low @ 15578 levels, has given past three low breakouts & had a struggling closing above 15850 levels, this seems next week to bullish & this week low will not be broken.
3) NIFTY had a selling pressure on 19th & 20th July, Had an expiry day in the upper hand.
4) NIFTY has made a fresh base between 15578, which stays strong support in the present scenario.
5) AUTO SECTOR had a correction on the downside this week.
My views Bullish on -
HERO MOTO
M&M
6) COMMODITY SECTOR gave a sideways breakout for this week & ACC & ULTRACEMCO we're the rally maker.
7) ENERGY SECTOR had sideways movements this week.
My views Bullish on -
ADANI ENERGY
8) FMCG SECTOR was trading in a range-bound past three weeks & have given a breakout.
My views Bullish on -
UBL & MCDOWELLS
BRITANNIA & ITC
9) INFRA SECTOR had formed a triple bottom & looks for upside in coming days.
My views Bullish on -
BHARTIARTL
10) IT SECTOR is bullish for upcoming days.
11) METAL SECTOR is on on-trend deciding
My views Bullish on -
ADANI ENTERPRISES
12) MEDIA SECTOR looks bearish for upcoming days.
13) REALTY SECTOR better to stay away from this sector stock.
14) PHARMA SECTOR was holding a bullish channel, The breakdown has been given a correction for the downside is being prepared.
My views Bullish on -
Dr REDDY
LUPIN
15) NIFTY looks to break 16000 logical levels next week & need to watch July monthly closing next week.
BANK NIFTY -
1) BANK NIFTY had a gap down weekly opening @ 35070 levels, made weeks high @ 35347 & made a low till 34357 levels, A weeks closing above 35000 levels & seems to be bullish.
2) BANK NIFTY had a 1500 above points profit bookings this week.
3) BANK NIFTY has formed a bullish in daily time frame charts.
4) BANK NIFTY will be a big bullish only a closing above 35000 levels next week.
5) BANK NIFTY will fly upside 🚀 till 36000/36500 that's my view.
6) AXIS BANK has given a breakout for upper moves after a small correction.
7) KOTAK BANK & HDFC TWINS if starts to move upside, it will take BANK NIFTY for fresh highs.
8) ICICI BANK had violent moves this week and looks more bullish next week too.
9) BAJAJ TWINS will also give a bigger surprise in the upcoming days.
10) SBI is on a bullish channel.
11) myself still Bullish on BANDHAN BANK.
12) INDUSIND BANK has been corrected this week.
13) SBI LIFE will create a fresh new all-time high in the upcoming days.
14) PEL will move upside in the upcoming week.
15) BANK NIFTY will give a bigger surprise, so get ready.
Stay tuned on Blogs,
For upcoming weekly indices analysis & Intraday levels 26th July
-REGARDS-
Kirthee Bane
