Weekly Index Analysis Sep 27 - Oct 01









UPCOMING WEEKLY ANALYSIS -
     Sep 27th - Oct 01st










NIFTY ANALYSIS UPCOMING WEEK -
NIFTY -

1) NIFTY weeks closing @ 17850 levels.

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

3) NIFTY took Resistance @ 17950 levels.

4) NIFTY looks bullish only above 17950 levels.

5) NIFTY below 17777 will be bearish for the short term.

6) we may see a downside level till 17626  & 17525.

7) NIFTY has strong support @ 17444 & 17300 levels.

8) NIFTY may consolidate this upcoming week.

9) NIFTY above levels are 18050 & 18100.

10) NIFTY closing above 18000 will ride towards 18500  or 18900 for October month.

11) NIFTY, will be in a range-bound of 17500 - 18160 levels.

12) In the upcoming week we may see both Consolidation movements.






BANK NIFTY ANALYSIS UPCOMING WEEK -
BANK NIFTY -

1) BANK NIFTY weekly closing @ 37800 levels.

2) BANK NIFTY will have Chop movements this week.

3) BANK NIFTY will be bullish above 38112 all time high 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 short term bearish below 36666 levels.

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

10) BANK NIFTY 37000 has strong support, below this level can move further downside till 36666 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 Monthly expiry closing.

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

14) Bank Nifty Bulls are still active for longs.

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

16) The weakness we are only below 36666 levels.






USDINR UPCOMING OCTOBER MONTH ANALYSIS -
USDINR -

1) USDINR weeks closing @ 73.98 levels.

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

3) USDINR will have an big upside move only above 74.39 levels

4) USDINR a closing above 74.09 will lead towards 74.18 & 74.34 levels

5) USDINR will have a bigger downside moves only below 73.61 levels.

6) USDINR can have a downside to 73.45 levels.

7) USDINR below 73.82 will be in short term bearish mode till 73.40 & 73.29 levels.

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

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

10) USDINR is struggling @ 73.73 levels, Deciding the trend either big upside or big downside.





Weekend Thoughts -








-REGARDS-
Kirthee Bane





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