Market Report 21.10.21
📰🗞📊🔮Market Report🔮📊🗞📰
📈 Market Trend📉 : Corrective mode but good buying pressure to end with 💯
💲 Dollar 💱 :📈 Green.
🛢️Oil Price🛢️: Red .
🏢 Institutional Investors : Neutral 📈
Sold cash and bought options
🟩Nifty Support : 18118
🟥Nifty Resistance : 18197
🟩Banknifty Support : 39684
🟥Banknifty Resistance : 40200
👨💻 Tomorrow’s Plan :
🔰 Institutions playing both hands
🔰US markets positive but warning signs still present. ⚠️☢️⚠️
🔰Buy the dip ✅✅✅
🔰PSU banks out performed
🔰Bank nifty indecisive but strong .🙌🏻
✅™️✅Correction is continuing and critical support of 18200 broken and 18000 was almost tested from where buying resumed. It is very weird to see Bank Nifty showing so much diversion to the Nifty trend and had it fallen along side, there would have been a blood bath.
Given the current scenario, tomorrow market can open gap down with subsequent close in green. Provided bank nifty doesn't come under heavy profit booking. This possibility remains as FIIs have taken huge long position in options.
**Reliance results can have a decisive impact.
☑️©️☑️Asian Paint can be bought between 2600-2800 range.
☑️®️☑️Results on October 22: Reliance Industries, HDFC Life Insurance Company, Yes Bank, Apollo Pipes, Bharat Seats, Crompton Greaves Consumer Electricals, Dodla Dairy, Federal Bank, Gland Pharma, Hindustan Zinc, Inox Leisure, Jubilant Pharmova, Kajaria Ceramics, Kirloskar Ferrous Industries, Kwality Pharmaceuticals, Mahindra Holidays & Resorts India, Omkar Speciality Chemicals, Polycab India, ABB Power Products and Systems India, PVR, Steel Strips Wheels, Subros, Sundaram-Clayton, Supreme Industries, Tata Consumer Products, Tata Elxsi, and Zenotech Laboratories will release September quarter earnings on October 22.
✔️Will update next after premarket 💯✅
✔️Have a great day💯
🇮🇳 JAI BHARAT 🇮🇳
📈 Market Trend📉 : Corrective mode but good buying pressure to end with 💯
💲 Dollar 💱 :📈 Green.
🛢️Oil Price🛢️: Red .
🏢 Institutional Investors : Neutral 📈
Sold cash and bought options
🟩Nifty Support : 18118
🟥Nifty Resistance : 18197
🟩Banknifty Support : 39684
🟥Banknifty Resistance : 40200
👨💻 Tomorrow’s Plan :
🔰 Institutions playing both hands
🔰US markets positive but warning signs still present. ⚠️☢️⚠️
🔰Buy the dip ✅✅✅
🔰PSU banks out performed
🔰Bank nifty indecisive but strong .🙌🏻
✅™️✅Correction is continuing and critical support of 18200 broken and 18000 was almost tested from where buying resumed. It is very weird to see Bank Nifty showing so much diversion to the Nifty trend and had it fallen along side, there would have been a blood bath.
Given the current scenario, tomorrow market can open gap down with subsequent close in green. Provided bank nifty doesn't come under heavy profit booking. This possibility remains as FIIs have taken huge long position in options.
**Reliance results can have a decisive impact.
☑️©️☑️Asian Paint can be bought between 2600-2800 range.
☑️®️☑️Results on October 22: Reliance Industries, HDFC Life Insurance Company, Yes Bank, Apollo Pipes, Bharat Seats, Crompton Greaves Consumer Electricals, Dodla Dairy, Federal Bank, Gland Pharma, Hindustan Zinc, Inox Leisure, Jubilant Pharmova, Kajaria Ceramics, Kirloskar Ferrous Industries, Kwality Pharmaceuticals, Mahindra Holidays & Resorts India, Omkar Speciality Chemicals, Polycab India, ABB Power Products and Systems India, PVR, Steel Strips Wheels, Subros, Sundaram-Clayton, Supreme Industries, Tata Consumer Products, Tata Elxsi, and Zenotech Laboratories will release September quarter earnings on October 22.
✔️Will update next after premarket 💯✅
✔️Have a great day💯
🇮🇳 JAI BHARAT 🇮🇳
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