Weekly Market Analysis 13th To 17th July

 

NIFTY ANALYSIS

 WEEKLY OPEN:  10851.9 WEEKLY HIGH: 10933.5
 WEEKLY LOW:  10562.9 WEEKLY CLOSE: 10927.9
 WEEKLY LOWER RANGE:  10,500 WEEKLY UPPER RANGE: 10,950
PREV WEEK LOWER RANGE: 10,200 PREV WEEK UPPER RANGE:10,900

NIFTY has made a high of 10800 but could not hold that, it has tested 10600 before making another high of 10900. Now NIFTY is trading on its high range. But traders got two swings because of this movement. NIFTY volatility has increased, traders need to be cautious for that.

STOCK ANALYSIS

Weekly Returns

Multiple stocks have performed very well. We can see week on week gains. Reliance has made a new high. Multiple stocks are waiting for another movement post consolidation. Past 5 weeks returns of our watchlist are as below.

CompanyWk1 %Gain / LossWk2 %Gain / LossWk3 %Gain / LossWk4 % Gain/ LossWk5 % Gain/ Loss
AXISBANK-1.162.60.851.872.22
BAJAJFINSV-1.635.443.420.7911.61
BAJFINANCE0.0313.050.967.5910.14
BHARTIARTL-0.77-1.163.76-2.112.21
CIPLA7.640.020.61-0.2-1.15
DABUR3.521.521.463.9-2.77
HDFC-3.920.046.55-3.582.39
HEROMOTOCO3.05-2.087.797.84-1.92
ICICIBANK-1.6-0.183.41-4.045.69
ITC0-6.366.336.06-5.08
MINDTREE1.396.64-0.423.720.12
RELIANCE2.025.042.66-1.0110.74
TCS-0.651.033.813.630.25
TECHM5.450.321.134.08-2.86
TITAN3.65-4.153.86-0.99-0.19
UPL0.21-1.730.90.776.13
AUROPHARMA1.935.52-0.29-0.431.52

 

About Soumen Sadhukhan 56 Articles
Soumen Sadhukhan, is a Stock Trading Expert with strong DataScience Background. He builds and implements Artificial Intelligent Tools in the areas of Stock Trading, Commodities, Forex, etc., He also provides training and consulting on Technical Analysis of the stock market, Trading and Investment using Technical Indicator and Machine learning , Quantitative Analytics using statistical model , Portfolio Management Risk Management and Risk Optimization , Algorithmic Trading and Trading System building , Hedge fund management and other programmes
Disclaimer: Our forecasts are based on predictions from our algorithms. However and they involve risks, variables and uncertainties. No guarantee is presented or implied as to the accuracy of forecasts, projections or predictive statements contained herein. Invest at your own risk