Month: June 2020

30th June 2020 #NiftyFuture Intraday Levels

June 30, 2020 NIFTY Future Update

NiftyFuture last close: 10255.80 (-0.6%)

Niftyfuture was seen consolidate trade in first half and bounced 100 pts from day’s low

Finally NF dropped 70 points and Sensex ended 210 point down

My weekly support at 10180, Index broken the level but not closed below the level

US market closed higher on Monday. Investors hoped for a stimulus packages economic rebound

Dow Jones rose up to 580 points, Nasdaq added 117 points and S&P gained 45 points

Asian markets followed by US markets climb, Nikkei up 0.10% and Hangseng climbed 0.65%

Covid-19 cases increased gradually…… Its really bad news for Indian market

PM will address the nation at 4 PM……. Will announce another lock-down or fully relaxation ?

India banned 59 Chinese apps….. Its really appreciate

China’s June factory activity to three month high

Many states declared extended lockdown till July 31, Like TN, Maha, WB

FIIs sold 1937 Cr worth of stocks in cash segment whereas DIIS bought 1036 Cr

FIIs having shorts in index future 69%………. Something cooking!!

SGXNifty indicate a positive opening for the Index like 50-75 points higher

Today NiftyFuture is facing a intraday resistance at 10290 and 10325

If crossover and manages above the level………. Will try to move 10365

Today NF can be considered as supports as 10220, 10185 and 10140

Buy at decline and keep a stop of supports until 10140

More live market update will be sent to my clients only

Updated : 08.55 AM / 30th June 2020

30th June 2020 #BankniftyFuture Intraday Levels

June 30, 2020 Bank Nifty Future Update

BankniftyFuture last close: 21235.20 (-1.1%)

Bankniftyfuture was seen consolidated trade on yesterday

BNF was made low of 20886.35 then spiked up to 21250…… Finally closed at 21235

(I did mentioned in my blog “BNF will take support around 20800)

HDFCBANK did very well after fund raising news ( I did recommended 1040CE to hold)

BNF was seen 135 points discount….. and I expecting it will comes to reduce discount

Axisbank fell 4.73%, BOB dropped 5%, Indusindbank and Bandhanbank fell around 3%

HDFCBank added 1.85% to contribute bank index climb

Today BankniftyFuture will be open at higher level followed by global cues

BankniftyFuture is facing a intraday resistance 21350 and 21475

If crossover and holds above 21475……… Finding a next resistance around 21650

BNF considered as supports as 21150, 20995 and 20800

Will act strong support zone around 20800…….. Below the level bears will be dominate

Means if decline can buy with a stop of 20800

More live market update will be sent to my clients only

HDFCBANK has shown strong strength on yesterday after fund raising news

Stock if holds above 1065…….. Will try to check 1090, 1105 and 1125

Supports 1065 and 1050

ICICIBANK considering a support zone around 334-336

If not breaks the level…….. no problem!!

Updated : 08.30 AM / 30th June 2020

29th June 2020 #NiftyFuture Intraday Levels

June 29, 2020 NIFTY Future Update

NiftyFuture last close: 10318 (+0.20%)

NiftyFuture was seen volatility on last session and NF has closed above 10300 mark

NF was made a low of 10235 then went up to 10348.70 and finally settled at 10318

Mid-cap index rose 0.28% and Small-cap index added 0.20%

US market ended with deep loss at 2%. Dow fell 730 points, Nasdaq dropped 260 points

Asian markets are trading at red zone. Nikkei down 1.5%

Covid-19 cases crossed 1 crore in worldwide and India’s cases crossed 5 lakh

Till this June month FIIs bought 9430 crore worth of stocks in cash segment whereas DII net sold 653 crore.

FIIs sold 3503 crore in Index Future till date of this month June

SGXNifty indicate a negative opening for the index in India and likely to witness consolidate trade will be expected during the day

Today Niftyfuture is facing a intraday resistance at 10345 and 10380

If crossover and holds above 10380…….. We see further strength up to 10425

Today NF considering a supports 10300, 10280 and 10250

If breaks and manages below 10250……….. Finding a next support at 10190

More live market update will be sent to my clients only

Updated : 08.49 AM / 29th June 2020

29th June 2020 #BankniftyFuture Intraday Levels

June 29, 2020 Bank Nifty Future Update

Bankniftyfuture last close: 21462.15 (-0.2%)

BankniftyFuture was seen highly volatility on Friday’s trade and finally settled at 21462

HDFCBank and Indusindbank has gained 2.5% and 3.65% respectively

Kotakbank was seen profit booking and stock declined 3%. SBIN and Icicibank closed with marginally loss.

Bankniftyfuture weekly trend decider 20800 and 22400

Today BankniftyFuture is facing a intraday resistance at 21550-21630

If breaks and consolidate above 21630……… Finding a next resistance at 21770 and 21950

Today BNF can be considered as supports as 21420 and 21300

If sustains below 21300……. Then will try to check 21080 and 20800

Bulls will shows his power until 20800. Thereafter Bears will be dominating!!

More live market update will be sent to my clients only

Updated : 08.29 AM / 29th June 2020

29th June 2020 Hot Stocks and Stocks To Watch

June 29, 2020 Bank Nifty Future Update

Last close: 2118.55 (+5.1%)

TCS has surged 5% and closed near by trend line resistance

Stock finding a trend line resistance at 2132

Stock once if breaks and holds above the level

Expecting further rally up to 2175, 2190+

Closely watch at 2132

Last close: 393.65 (+6.3%)

BPCL gained 6% and bounced from recent range bound

Stock finding a resistance at 398-402. If breaks and managed above the level

Bulls action will be expected……If not breaks above resistance

Expecting profit booking!!

Last close: 344.40

MARICO now ready to fly but if breaks breakout point

Once if crossover the level, Expecting more rally

Which level will breaks and what is the targets ?

Will send to my clients during market hours

Updated : 08.12 AM / 29th June 2020