Weekly Index Analysis Sep 20th - 24th









UPCOMING WEEKLY ANALYSIS -
     Sep 20th - Sep 24th










NIFTY ANALYSIS UPCOMING WEEK -
NIFTY -

1) NIFTY weeks closing @ 17585 levels.

2) NIFTY has closed again higher than the previous weeks closing.

3) NIFTY took Resistance @ 15800 levels & gave a single day downside of 250 points.

4) NIFTY looks again to retest 17800 levels.

5) NIFTY below 17500 will be bearish for the short term & might be even for the long term correction also.

6) Below 17444 we may see a downside level till 17323  & 17222 also.

7) NIFTY has strong support @ 17000 & 16888 levels. if these levels are broken on a closing basis. Then the rally of downside starts soon.

8) NIFTY will be bullish above 17616 for the short term.

9) NIFTY above 17616 times levels, we will see retesting upper levels till 17777 & 17800 levels.

10) NIFTY closing above 17777 will ride towards 17888 or 18000 at a logical level. 

11) NIFTY, will be in a range-bound of 17300 - 17800 levels.

12) In the upcoming week we may see both sides rally.

13) NIFTY, my personal views 
17444 ke uppar, Hum Uppar Aur
17444 ke Neeche, Hum Neeche.

14) As per My personal views still Nifty is above 17444 levels.

15) For Bear Cartel traders can take a risk of 17200PE October Month Expiry @ 135-155 range.

16) In the upcoming week, we may face seeing many events globally. US Fed Meet, Fed tapering may be also announced.









BANK NIFTY ANALYSIS UPCOMING WEEK -
BANK NIFTY -

1) BANK NIFTY weekly closing @ 36811 levels.

2) BANK NIFTY had a Suspicious closing on a previous weekly basis. which gave a rally of 1500 points on the upside.

3) BANK NIFTY will be bullish above 37929 levels.

4) BANK NIFTY upper trend will be decided a closing above  38000 levels.

5) BANK NIFTY upside moves will be till 39000 levels.

6) BANK NIFTY closing above 38000 will have the potential to move till 38500 & 39000 levels.

7) BANK NIFTY a closing above 38000 will be a strong bullish sign for upper moves till 39000 & 38500 levels for fresh all-time highs.

8) BANK NIFTY will be bearish below 36444 levels.

9) BANK NIFTY below 37380 levels can lead to downside till 36666 levels.

10) BANK NIFTY 36000 has strong support, below this level can move further downside till 35555 levels.

11) BANK NIFTY will be in the oversold zone if downside levels are tested till 36666 levels.

12) BANK NIFTY will have a big surprise on  23rd September weekly with an expiry.

13) BANK NIFTY 07th September top 36685 levels matters a lot for September month had suggested before. The trending upside was decided which rallied till 38100 levels & yet to move.

14) We will see huge volatility in the upcoming week.

15) BANK NIFTY, my personal views 
36700 ke uppar, Hum Uppar Aur
36700 ke Neeche, Hum Neeche.

16) As per my personal views we are still upside above 1100 points, the weakness we are only below 36700 levels.






USDINR UPCOMING WEEK ANALYSIS -
USDINR -

1) USDINR weeks closing @ 73.64 levels.

2) USDINR has closed @ lower levels, the previous week.

3) USDINR will have an upside move only above 73.68 levels

4) USDINR a closing above 73.73 will lead towards 74 & 74.40 levels

5) USDINR will have a bigger downside moves only below 73.09 levels.

6) USDINR can have a downside to 72.90 levels.

7) USDINR below 73.48 will be in bearish mode till 73.40 & 73.29 levels.

8) USDINR will have massive surprise moves in the upcoming days.

9) USINR, my personal views 
73.63 ke uppar, Hum Uppar Aur
73.63 ke Neeche, Hum Neeche.

10) USDINR is struggling @ 73.63 levels, Deciding the trend either big upside or big downside.





Weekend Thoughts -








-REGARDS-
Kirthee Bane





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