BANKNIFTY There is a sense of euphoria at hitting 25,000 on the Nifty. While RELIANCE and HDFCBANK didn’t exceed analysts, the market remains bullish. This could be a testament to the power of mutual fund SIPs or perhaps a sign of overconfidence—only time will tell. No offense intended to anyone.
NIFTY shorting Nifty only if it falls below the levels of July 11, or if HDFCBANK drops below 1590 and RELIANCE falls below 2970. These levels can help you better gauge the opportunity for shorting Nifty.
NIFTYRELIANCE profits may offset HDFCBANK, but if key metrics fall short of analysts’ expectations, it could be disastrous. Additionally, the upcoming budget adds another layer of uncertainty.
BANKNIFTY No trades between 52000-52800? If either level breaks, maybe I'll consider it. But the real focus is on HDFCBANK and RELIANCE results, the Budget, and if institutions start selling and reallocating. That's the crucial part!
NIFTY 22 will be interesting Market coming it will Make or Break. HDFCBANKRELIANCE Result. So let’s keep an eye on that. You can take pre bet based collective analyst estimates.
Take Estimate by different broker houses or analyst and make it Average, if it is above than go long.
