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WEEKLY REPORT


CNX MIDCAP & SMALLCAP:  As per the weekly chart analysis from the past one month CNX Midcap & CNX Smallcap is showing sideway rally pattern and in coming weeks this rally will further continue in range of 10400 - 11500 & 5000 -5500 respectively, In Panics, these indices will hold 10500 / 4865 levels

These areas would be a good buying opportunity for those who have not invested in the markets.

   




CNX NIFTY DAILY CAHRT



CNX BANKNIFTY WEEKLY CAHRT


CNX BANKNIFTY:  In previous week CNX Bank Nifty has shown positive reversal from 14406.65 lower level but as per weekly chart candle formation CNX Bank Nifty is not performed compare to the main CNX Nifty Index ,

On weekly chart CNX Bank Nifty is showing trend line resistance near 15740 level which is almost two tops in month of May & June,

In coming week 15560 is resistance level and 15190 is the strong support levels.



























Disclaimer:All information given here is largely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incure by trading/investing on our recommendations. these study are posted for educational purpose only.

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