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 ..
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.