UPCOMING WEEKLY ANALYSIS -
Aug 09th - Aug 13th
NIFTY ANALYSIS UPCOMING WEEK -
NIFTY -
1) NIFTY weeks closing @ 16254 levels.
2) NIFTY has again closed with a loss of momentum.
3) NIFTY looks bullish above 16347 levels.
4) This upcoming week, we may see consolidation for either side breakouts.
5) NIFTY has a strong resistance @ 15347 levels as per the high made this week. In the upcoming week, if the top 15347 is not broken, we may be in good pain @ downside
6) NIFTY above 16347 levels, 16431 will be the next level to test.
7) NIFTY above 16431 levels market may test 16550 levels on the upside.
8) NIFTY per July month trend has been decided above 15929 bullish & below bearish.
9) NIFTY below 16100 levels can even test 15962 levels.
10) NIFTY below 15962 levels can lead downside to 15863 levels.
11) NIFTY 15740 will be a good accumulation zone.
12) On NIFTY, My views sell on rising for the upcoming week.
BANK NIFTY ANALYSIS UPCOMING WEEK -
BANK NIFTY -
1) BANK NIFTY weekly closing @ 35882 levels.
2) BANK NIFTY will be bullish above 36222 levels.
3) BANK NIFTY has low potential on the upside, space on the upside is less.
4) BANK NIFTY has a resistance @ 36200 levels.
5) BANK NIFTY got rejected @ 36200 levels.
6) BANK NIFTY above 37000 levels will be none stoppable bullish.
7) BANK NIFTY will make an upside move only with the support of AXIS BANK / KOTAK BANK & HDFC BANK.
8) BANK NIFTY below 35670 levels will be bearish for the upcoming week.
9) BANK NIFTY will act accordingly to sentiments that arise over nite in the upcoming week.
USDINR UPCOMING WEEK ANALYSIS -
USDINR -
1) USDINR weeks closing @ 74.28 levels.
2) USDINR will be strong above 74.44 levels.
3) USDINR will be bearish below 74.17 levels.
4) A closing below 74.17 levels will have a good fall.
5) A closing above 75.44 will be a rise on the upside till 74.63 / 74.85 levels.
6) My views on USDINR, Start to buy on every dips @ lower levels.
A Weekend Thought -
