Last week of January

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Nifty
     Nifty on Thursday open positive but end of the session all the rally eaten and selling started from the high and nifty closed negative at there 50 day simple moving average. Due to the high volatility and Unwelcome result of the company like Maruti, Indian bank. Also the crashed down of Zee Entertainment (30%) in intraday. Now the next level to watch in nifty is 10700 It is the most crucial level for nifty and resistance level is 10940.This weak is volatile due to Interim Budget on Feb 1.

Open interest 
     Heavy call writing seen at 11000 and 10900 level for the January series and put writing seen at 10700 and 10600 level for this weak.


Stocks to watch this weak
   
This companies annoced there Q3 result this weak

HDFC
ICICI bank 
Axis bank
Bajaj finance 
Bajaj finance
Hcl Tech
Bajaj auto
Ioc
Ntpc
Escort
Canera Bank


Comments

  1. Phani KumarJuly 18, 2020 at 4:16 AM

    Hey, thanks for the information. your posts are informative and useful. I am regularly following your posts.
    ASHOK ALCO-CHEM LTD

    ReplyDelete

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