Nifty ended its July Month at 15763 down by 0.6% on weekly basis and Bank Nifty ended its Month at 34584 down by 1.3%
Lets look the the previous weeks top 3 index gainers and loosers on Weekly basis.
| Top Weekly Gainers | Top Weekly Losers | ||||
| Name | LTP | %change | Name | LTP | %change |
| Hindalco | 444.8 | 13.50% | Dr. Reddy | 4711.2 | 13.10% |
| Tata Steel | 1434.3 | 11.90% | Axis Bank | 708.9 | 6.20% |
| Sun Pharma | 773.95 | 11.50% | Maruti | 6977.7 | 4.30% |
Lets look the the previous Months top 3 index gainers and loosers on Monthly basis.
| Top Monthly Gainers | Top Monthly Losers | ||||
| Name | LTP | %change | Name | LTP | %change |
| Tata Steel | 1434.3 | 22.90% | Tata Motors | 293.95 | 13.40% |
| Hindalco | 444.8 | 19.60% | Dr Reddy | 4711.2 | 13.10% |
| Bajaj Finserv | 14222.2 | 17.50% | Bajaj Auto | 3829.6 | 7.40% |
Upcoming Results in Next week (31-07-21 to 06-08-21)
| 31-Jul-21 | 04-Aug-21 | 06-Aug-21 |
| NTPC | GODREJCP | AUBANK |
| IDFCFIRSTB | TITAN | ALKEM |
| 02-Aug-21 | BOSCHLTD | HINDALCO |
| RBLBANK | HINDPETRO | VOLTAS |
| HDFC | APOLLOTYRE | CUB |
| PNB | SBIN | BEL |
| 03-Aug-21 | 05-Aug-21 | TATAPOWER |
| BHARTIARTL | GAIL | AARTIIND |
| ADANIENT | GUJGASLTD | TORNTPOWER |
| GODREJPROP | RECLTD | BERGEPAINT |
| DABUR | ESCORTS | NATIONALUM |
| TATACONSUM | TATACHEM | M&M |
| ADANIPORTS | CIPLA |
For the coming month and coming week
Nifty has formed a Negative Divergence and it has formed a trading range just like the month of July.
A few things to keep in mind before entering into a position
| Weekly Options Data indicates |
| Call Option Data: |
| Highest OI is build up at 15900 strike followed by 15800 strike and 16000 strike |
| Put Option Data |
| Highest OI is build up at 15700 levels followed by 15800 and 15500 levels |
| Monthly Options Data indicates |
| Call Option Data: |
| Highest OI is build up at 15800 strike followed by 16000 strike and 16500 strike |
| Put Option Data |
| Highest OI is build up at 15000 levels followed by 15800 and 15500 levels |
Above Weekly Options suggests that 15900 remains a strong resistance for the index for the next week while 1500 remains a strong support.
| Weekly Options Data indicates |
| Call Option Data: |
| Highest OI is build up at 35000 strike followed by 35500 strike and 36000 strike |
| Put Option Data |
| Highest OI is build up at 34500 levels followed by 34000 and 33000 levels |
| Monthly Options Data indicates |
| Call Option Data: |
| Highest OI is build up at 35000 strike followed by 36000 strike and 36900 strike |
| Put Option Data |
| Highest OI is build up at 33000 levels followed by 34000 and 35000 levels |
Weekly options suggests that 35000 is a strong resistance for the index in coming week, Also RBI’s monetary policy will be scheduled in the coming week.
Voltas has given a breakout on Daily time frame. It will give a strong move upto 1120 levels once it crosses 1070 levels – CMP 1059.
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