Indian Market
Indian Market:
Market (Nifty 50):- Long term and medium team bullish but short term sideways + At resistance once its crossed the good for market.
Primary Sector:-
Bank Nifty: -
1. Monthly:- RSI above 60 with at CIP and near 60 support but its also has bearish diversion 2. Weekly :- taken support of 20 MA but RSI sideways
3. Daily:- Sideways + 20 MA resistance
So we need to wait for clear sign of market
Secondary Sector:-
1. IT:-
Monthly:- Above 60
Weekly:- Above 60 but has at resistance
Daily:- Above 60 but has at resistance
2.Pharma:- All RSI above 60 but on daily has multiple bearish diversion once its will go below 60 then we can short
3. Metal:- All 3 RSI above 60 + PRD on weekly
4. Auto:- All 3 RSI above 60 + PRD on weekly
Energy:- All RSI above 60 + All time high, Best sector
6. FMCG:- Long term and Medium term up trend but on Monthly has bearish diversion + Daily at 40 and Weekly at 60
7. Fin services :- Monthly below 60 + CIP
Weekly :- at 20 MA support but sideways
Daily :- Sideways its has bullish diversion + Range shift but 20 MA resistance
8. Realty:- All RSI above 60 ,Good sector
9. PSU Bank:- All RSI above 60 ,Good sector
10.Media:- Sideways sector
Monthly:- at M pattern
Weekly :- Bearish pattern + M pattern
Daily:- Below 40 + at support
11. Infra:- All time high + All 3 RSI above 60 .. Bullish sector
12. Private Bank:- Monthly above 60 + at CIP and Weekly sideways + 20 MA resistance
Daily sideways + 20 MA resistance + at 40 support
Note:-
Conclusion :-
Top Sector for buy Next week:-
1.Realty
2.PSU Bank
3.Energy
4.INFRA
Top Sector for Sell Next week:-
1.Nifty Media
2. Nifty Private bank
3. Nifty Finance services
Note:- Metal and Auto are also showing good progress ..
Market (Nifty 50):- Long term and medium team bullish but short term sideways + At resistance once its crossed the good for market.
Primary Sector:-
Bank Nifty: -
1. Monthly:- RSI above 60 with at CIP and near 60 support but its also has bearish diversion 2. Weekly :- taken support of 20 MA but RSI sideways
3. Daily:- Sideways + 20 MA resistance
So we need to wait for clear sign of market
Secondary Sector:-
1. IT:-
Monthly:- Above 60
Weekly:- Above 60 but has at resistance
Daily:- Above 60 but has at resistance
2.Pharma:- All RSI above 60 but on daily has multiple bearish diversion once its will go below 60 then we can short
3. Metal:- All 3 RSI above 60 + PRD on weekly
4. Auto:- All 3 RSI above 60 + PRD on weekly
Energy:- All RSI above 60 + All time high, Best sector
6. FMCG:- Long term and Medium term up trend but on Monthly has bearish diversion + Daily at 40 and Weekly at 60
7. Fin services :- Monthly below 60 + CIP
Weekly :- at 20 MA support but sideways
Daily :- Sideways its has bullish diversion + Range shift but 20 MA resistance
8. Realty:- All RSI above 60 ,Good sector
9. PSU Bank:- All RSI above 60 ,Good sector
10.Media:- Sideways sector
Monthly:- at M pattern
Weekly :- Bearish pattern + M pattern
Daily:- Below 40 + at support
11. Infra:- All time high + All 3 RSI above 60 .. Bullish sector
12. Private Bank:- Monthly above 60 + at CIP and Weekly sideways + 20 MA resistance
Daily sideways + 20 MA resistance + at 40 support
Note:-
Conclusion :-
Top Sector for buy Next week:-
1.Realty
2.PSU Bank
3.Energy
4.INFRA
Top Sector for Sell Next week:-
1.Nifty Media
2. Nifty Private bank
3. Nifty Finance services
Note:- Metal and Auto are also showing good progress ..
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