Nifty 10Jul23 to 14Jul23 Short,Medium,Long Term & StockPick
Nifty closed at 19313 ( 19189) and touched low & high of 19239 and 19525.
Stocks to pick ( Buy on Dip) for Long Term by on Staggered way call was given last week , on an average raised 3-5 % in one week( Can accumulate on dip if it already raised):
Disclaimer: For analysis purpose only. Many stocks raised considerably in last two weeks.
HDFC Bank , L&T Tech ( 4% up), KPIT , PI Ind ( 4% up ), Dr Reddys ( 5% Up), Ujjvan Small Fin (11 %), Route Mobile, Bank of Maharashtra ( 18.5%), Andhra Paper,(4%) Accelya Solutions
Nifty lomg call was given last week and slightly increased in this week.
RSI and Stochastic level dipped to 68 % and 78% respectively.
Nifty- In Short term might increase
Resistance at 19650,
Support at 18890 Previous high/ 19040 (Inclined trend line resistance)
Buy on Dip above this support level
Nifty Medium Term -
Above 19650 it will take it to 19800-in next 2-3 weeks
Nifty support at 18620/18446 ( Fibonacci)
Can initiate sell around 19800-20000.
Long term-
Targets of 20000/ 20155 ( Fibonacci resistance)
Nifty have multiple support for long Term - 18000 / 18260/ 18210/18109 ( Previous Highs)
Long term Investors can accumulate following Mutual Funds
NIFTY 50 & Nifty Equal weight ( 50%)
Nifty Bank & IT (20%)
Nifty Mid Cap ( 20 %)
Nifty Small Cap (10%)
Nifty closed at 19313 ( 19189) and touched low & high of 19239 and 19525.
Stocks to pick ( Buy on Dip) for Long Term by on Staggered way call was given last week , on an average raised 3-5 % in one week( Can accumulate on dip if it already raised):
Disclaimer: For analysis purpose only. Many stocks raised considerably in last two weeks.
HDFC Bank , L&T Tech ( 4% up), KPIT , PI Ind ( 4% up ), Dr Reddys ( 5% Up), Ujjvan Small Fin (11 %), Route Mobile, Bank of Maharashtra ( 18.5%), Andhra Paper,(4%) Accelya Solutions
Nifty lomg call was given last week and slightly increased in this week.
RSI and Stochastic level dipped to 68 % and 78% respectively.
Nifty- In Short term might increase
Resistance at 19650,
Support at 18890 Previous high/ 19040 (Inclined trend line resistance)
Buy on Dip above this support level
Nifty Medium Term -
Above 19650 it will take it to 19800-in next 2-3 weeks
Nifty support at 18620/18446 ( Fibonacci)
Can initiate sell around 19800-20000.
Long term-
Targets of 20000/ 20155 ( Fibonacci resistance)
Nifty have multiple support for long Term - 18000 / 18260/ 18210/18109 ( Previous Highs)
Long term Investors can accumulate following Mutual Funds
NIFTY 50 & Nifty Equal weight ( 50%)
Nifty Bank & IT (20%)
Nifty Mid Cap ( 20 %)
Nifty Small Cap (10%)
