Weekly Market Analysis 20th To 24th July

 

NIFTY ANALYSIS

 WEEKLY OPEN:  10999.5 WEEKLY HIGH: 11239.8
 WEEKLY LOW:  10953 WEEKLY CLOSE: 11,194.15
 WEEKLY LOWER RANGE:  10,900 WEEKLY UPPER RANGE: 11,250
PREV WEEK LOWER RANGE: 10,500 PREV WEEK UPPER RANGE:11,250

This was a great week. NIFTY moved from 10,900 to 11,239. NIFTY broke the upper range guidance. Reliance has made a big contribution to the movement of Index.

STOCK ANALYSIS

Weekly Returns

Overall return of the stocks in our watch list have provided a positive gain. Returns have been compared with previous week. Stocks are gaining momentum. Market consolidation is pending.

CompanyWk1 %Gain / LossWk2 %Gain / LossWk3 %Gain / LossWk4 % Gain/ LossWk5 % Gain/ Loss
AXISBANK6.42-1.482.60.851.87
CIPLA-2.47.860.020.61-0.2
HDFC3.68-4.250.046.55-3.58
ICICIBANK11.59-1.82-0.183.41-4.04
ITC3.68-0.15-6.366.336.06
TCS-1.21-0.971.033.813.63
TITAN7.183.74-4.153.86-0.99

 

About Soumen Sadhukhan 91 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