Wednesday's Trading View Date 29/07/2020

Nifty made a intraday high of 11317.8 after giving a breakout from 11260-11270 levels . Resistance levels for Wednesday are placed at 11320-11325 & 11370-11380 zones support are placed at 11262-11275 .

Trending Shares Team

Tuesday's Trading View Date 28/07/2020

As told by Trending Shares Team yesterday Nifty will face a volatile week ahead . Important levels for Nifty spot on upside will be 11260-11270 & downside levels are 11060-11038 break down or break up will decide very short term trend as there are lots of resistances on upside . Stocks to watch out Reliance & SBI .

All the levels are still intact until a break up or break down happens
Volatility will increase .

Trending Shares Team

Monday's Trading View Date 27/07/2020

Nifty will face a volatile week ahead . Important levels for Nifty spot on upside will be 11260-11270 & downside levels are 11060-11038 break down or break up will decide very short term trend as there are lots of resistances on upside . Stocks to watch out Reliance & SBI .

Trending Shares Team

Weekly review for International Markets

International markets took a breather last week it could be profit taking or start of downtrend . In the coming week slew of data & stimulus news will flow in markets which will infact decide the trend of DowJones & Nasdaq . Gdp & employment numbers will be closely watched . Markets have already signaled caution .
Tough times ahead for traders as volatility will rise . 

Weekly review for Domestic Markets

Sensenx & Nifty gained last week by approximately 3 % largely helped by Reliance IT & Banking stocks . Hul Hindalco & Shree cements were among prominent losers . Markets volatility will rise in coming week & their are lots of hurdles to put breaks on the momentum . Rising markets are loved by masses & they pay no heed to actual imbalances in the economy . Important points to consider in following week expiry of futures & results of Reliance Sbi among bellwethers .

Caution is the word going forward