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Research Report_30062022 Flipbook PDF

Research Report_30062022


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BHARTI SHARE MARKET भारत का आिथक सा रता अिभयान

Date: 30-06-2022 FII & DII Activity Day -851 +847

MTD -56974 +45221

Investor FII DII

INDIAVIX Previous close

Expected market to open on soft note as SGX Nifty indicating flat opening for Indian market. Dow Jones closed in red. S&P 500 opening started in flat to negative as concern of higher inflection and slowdown in economy. Currently market is in the conflict mode, and it may remain in the one zone up to Aug-2022/Sep-2022 as recession and inflection has been already factored by

21.90

Bullish Setup BOSCHLTD, RAJESHEXPO, BLUEDART, TATAELXSI, SOBHA, OILINDIA, RELIANCE Bearish Setup MTARTECH, TITAN, KEC, IEX, ESCORT, HIKAL, IRCTC

market. Improvement from the banking interest rate & Russia-Ukraine war settlement, will clear the way of economy and further rally may start in market. We are long-term positive on sectors with stock specific is IT/Finance/Private banking/Sugar/Real estate/Engineering Today is the monthly expiry, market movement can be the rangebound as nifty not able to sustain above 15860 as strong supply zone, lower side support exists 15704. Any movement above 15704 key resistance levels to watch out for 15878/15935

Nifty – 50 Resistance 15935 15887 16100 Nifty-50 Support 15650 15350

15660 is the important support to the nifty, took support of this area 4 times since July 2021

15550

Bank Nifty Resistance 34200 33600 Bank Nifty Support 33100 32900 Sectors Bullish Diesel Engine, Auto Ancillary, Hotels, Real Estate, Electronics

This is interesting an observation Nifty trading near range of 1st July 2021 expiry. On June-2021 expiry, nifty closed at 15680 and yesterday low for Nifty is 15687. This is the very important support need to be kept monitoring for any trade action. Nifty may trade in range of 50-130 points both the side as sideway. Fundamental breakout idea, murugappa Group 2 companies given good price movement in June-2022

Sector Bearish Auto-Tractor, Petrochemical, Glass, Private Bank, Tea/Coffee, Power, Jewellery, Telecom

EID PARRY given 18% return in June-2022 so opportunity for the buying stock for Long Coromandel International given 8% return in June 2022 opportunity for buying the stock for long.

RAR-IO-555 Research Report_20220630

7057101010

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