NIFTY WEEKLY OUTLOOK & TECHNICAL VIEW FOR COMING WEEK 25 JULY TO 29 JULY 2022

COMPANY NAME    25-Jul-2022	ANNOUNCEMENT DATE
Anupam Rasayan India Ltd	19-Jul-22
Axis Bank Ltd	06-Jul-22
Canara Bank	14-Jul-22
Central Bank of India	18-Jul-22
Century Textiles & Industries Ltd	15-Jul-22
Glaxosmithkline Pharmaceuticals Ltd	28-Jun-22
IIFL Wealth Management Ltd	29-Jun-22
Indian Energy Exchange Ltd	19-Jul-22
Jindal Stainless Ltd	18-Jul-22
Jyothy Labs Ltd	15-Jul-22
KPIT Technologies Ltd	15-Jul-22
Lakshmi Machine Works Ltd	22-Jun-22
Macrotech Developers Ltd	18-Jul-22
Maharashtra Scooters Ltd	27-Jun-22
Orient Electric Ltd	18-Jul-22
Solar Industries India Ltd	18-Jul-22
Sonata Software Ltd	04-Jul-22
Sterlite Technologies Ltd	15-Jul-22
Supreme Industries Ltd	14-Jul-22
Tanla Platforms Ltd	14-Jul-22
Tata Steel Ltd	15-Jul-22
Tech Mahindra Ltd	14-Jul-22
26-Jul-22
Aditya Birla Sun Life AMC Ltd	18-Jul-22
Asian Paints Ltd	05-Jul-22
Bajaj Auto Ltd	29-Jun-22
EPL Ltd	20-Jul-22
KEI Industries Ltd	13-Jul-22
Larsen & Toubro Ltd	12-Jul-22
Relaxo Footwears Ltd	14-Jul-22
Sanofi India Ltd	06-Jul-22
SIS Ltd	15-Jul-22
Symphony Ltd	19-Jul-22
Tata Investment Corporation Ltd	14-Jul-22
Tata Power Company Ltd	11-Jul-22
Union Bank of India	18-Jul-22
UTI Asset Management Company Ltd	13-Jul-22
27-Jul 2022
Aarti Drugs Ltd	21-Jul-22
APL Apollo Tubes Ltd	18-Jul-22
Bajaj Finance Ltd	27-Jun-22
Biocon Ltd	01-Jul-22
Blue Dart Express Ltd	12-Jul-22
Clean Science & Technology Ltd	15-Jul-22
Colgate-Palmolive (India) Ltd	06-Jul-22
Coromandel International Ltd	12-Jul-22
Dixon Technologies (India) Ltd	20-Jul-22
EIH Ltd	18-Jul-22
Gujarat Fluorochemicals Ltd	19-Jul-22
IIFL Finance Ltd	14-Jul-22
Jindal Stainless (Hisar) Ltd	20-Jul-22
JK Lakshmi Cement Ltd	19-Jul-22
Latent View Analytics Ltd	15-Jul-22
Laurus Labs Ltd	19-Jul-22
Laxmi Organic Industries Ltd	18-Jul-22
Maruti Suzuki India Ltd	11-Jul-22
Mishra Dhatu Nigam Ltd	19-Jul-22
Schaeffler India Ltd	15-Jul-22
Shriram City Union Finance Ltd	16-Jul-22
SKF India Ltd	21-Jul-22
Tata Motors Ltd	08-Jul-22
Tata Motors-DVR	08-Jul-22
Team Lease Services Ltd	06-Jul-22
United Breweries Ltd	13-Jul-22
V I P Industries Ltd	18-Jul-22
V-Guard Industries Ltd	21-Jul-22
Welspun India Ltd	21-Jul-22
ZF Commercial Vehicle Control System India Ltd	15-Jul-22
28-Jul 2022
AAVAS Financiers Ltd	18-Jul-22
Ajanta Pharma Ltd	20-Jul-22
Bajaj Finserv Ltd	27-Jun-22
Bajaj Holdings & Investment Ltd	27-Jun-22
Chalet Hotels Ltd	19-Jul-22
Dr Lal Pathlabs Ltd	20-Jul-22
Dr Reddys Laboratories Ltd	29-Jun-22
Equitas Small Finance Bank Ltd	15-Jul-22
GHCL Ltd	15-Jul-22
GMM Pfaudler Ltd	18-Jul-22
IFB Industries Ltd	20-Jul-22
Intellect Design Arena Ltd	15-Jul-22
Jamna Auto Industries Ltd	20-Jul-22
Jubilant Foodworks Ltd	14-Jul-22
K P R Mill Ltd	19-Jul-22
Mahindra & Mahindra Financial Services Ltd	04-Jul-22
Mangalore Refinery And Petrochemicals Ltd	21-Jul-22
Motilal Oswal Financial Services Ltd	21-Jul-22
Nestle India Ltd	24-Jun-22
NOCIL Ltd	11-Jul-22
PNB Housing Finance Ltd	18-Jul-22
Rites Ltd	20-Jul-22
SBI Cards & Payment Services Ltd	21-Jul-22
SBI Life Insurance Company Ltd	18-Jul-22
Shree Cement Ltd	24-Jun-22
Shriram Transport Finance Company Ltd	19-Jul-22
Sona BLW Precision Forgings Ltd	13-Jul-22
TTK Prestige Ltd	23-Jun-22
TVS Motor Company Ltd	12-Jul-22
Vedanta Ltd	18-Jul-22
Westlife Development Ltd	19-Jul-22
29-Jul 2022
Ashok Leyland Ltd	18-Jul-22
Cholamandalam Investment & Finance Company Ltd	04-Jul-22
Cipla Ltd	08-Jul-22
CreditAccess Grameen Ltd	13-Jul-22
Deepak Fertilizers & Petrochemicals Corp Ltd	14-Jul-22
Emami Ltd	12-Jul-22
Exide Industries Ltd	27-Jun-22
Godrej Agrovet Ltd	21-Jul-22
Great Eastern Shipping Company Ltd	20-Jul-22
Grindwell Norton Ltd	20-Jul-22
Housing Development Finance Corporation Ltd	04-Jul-22
Indian Oil Corporation Ltd	13-Jul-22
JK Paper Ltd	21-Jul-22
Mahindra Logistics Ltd	14-Jul-22
Rain Industries Ltd	30-Jun-22
Route Mobile Ltd	18-Jul-22
Star Health & Allied Insurance Company Ltd	19-Jul-22
Sun Pharmaceuticals Industries Ltd	12-Jul-22
Sundaram Clayton Ltd	12-Jul-22
Sundram Fasteners Ltd	20-Jul-22
Torrent Pharmaceuticals Ltd	11-Jul-22
VST Industries Ltd	18-Jul-22
30-Jul 2022
Bank of Baroda	18-Jul-22
IDFC First Bank Ltd	28-Jun-22
Mahindra Holidays & Resorts India Ltd	30-Jun-22
Multi Commodity Exchange of India Ltd	18-Jul-22

 WEEKLY RESISTANCE FOR NIFTY: 16950, 17200, 17500

PIVOT POINT: 16700

WEEKLY SUPPORT FOR NIFTY:  16500, 16300, 16100

WEEKLY CHART FOR NIFTY

The positive global developments over the weekend led to a promising start to our domestic market on 18 july 2022. The benchmark index Nifty50 started the day with a decent gap-up and sustained at the higher grounds throughout the trading session. The buoyancy among the broader market boosted the overall sentiments across the participants resulting in a firm closure of our equity space. The Nifty concluded the session near the day’s high with a 1.43 percent gain, a tad below the 16300 level. The buoyant move continued for the consecutive session in the week on 19 july 2022, wherein the benchmark index witnessed strong traction since the opening bell. The broad-based buying has uplifted the overall market sentiments, which certainly portrays the urge of the bulls of D-Street while favorable conditions. The Nifty50 index finally concluded the day at higher. On 20 july Our domestic market witnessed an optimistic start, tracking the strong positive bourses. The benchmark index Nifty50 has seen an initial gap-up opening that got sustained throughout the day, intriguing a positive sign for the market participants. The rub-off effect of the positivity was visible across the board as the index decisively surpassed the crucial resistance zone of 16380-16430. By the end of the session, the index witnessed some profit booking from the higher levels, though it concluded the day on a positive note, a tad above the 16500 level, procuring over a percent. On 21 july The Indian equity market has witnessed a slender range-bound movement on the weekly expiry session until the fag end buying interest levitated the benchmark index. The respite from the selling spree of the FIIs and positive global traction has boosted our market participants, whose rub-off effect is evident in the broader market space. The benchmark index continued its positive stature and maintained its bullish move for the fifth straight day, procuring over half a percent and settling a tad above the 16600 level. on friday Benchmark indices ended higher for the sixth day in a row with Nifty closing above 16700 and Sensex above 56000.At close, the Sensex was up 390 points at 56,072, and the Nifty was up 114 points at 16719. 

NIFTY: A STRONG SUPPORT WILL BE @ 16000; STRONG RESISTANCE LEVEL SEEN @ 16500

The broad-based buying interest has undoubtedly boosted the overall market sentiments, though the consecutive buying spree in the week could attract some profit booking in the near period. Technically, the index is inching towards the previous swing high of 16660-16800 odd zone, which might trigger a temporary halt for the bulls. However, the undertone is likely to remain in favor of the bulls, wherein the recent unfilled gap of 16360-16490 is expected to provide a cushion to any minor correction, followed by the sacrosanct support zone of 16200. While on the contrary, the mentioned swing high is the next potential resistance for the index in the comparable period.

TECHNICALLY SPEAKING

The positive global developments over the weekend led to a promising start to our domestic market on 18 july 2022. The benchmark index Nifty50 started the day with a decent gap-up and sustained at the higher grounds throughout the trading session. The buoyancy among the broader market boosted the overall sentiments across the participants resulting in a firm closure of our equity space. The Nifty concluded the session near the day’s high with a 1.43 percent gain, a tad below the 16300 level. The buoyant move continued for the consecutive session in the week on 19 july 2022, wherein the benchmark index witnessed strong traction since the opening bell. The broad-based buying has uplifted the overall market sentiments, which certainly portrays the urge of the bulls of D-Street while favorable conditions. The Nifty50 index finally concluded the day at higher. On 20 july Our domestic market witnessed an optimistic start, tracking the strong positive bourses. The benchmark index Nifty50 has seen an initial gap-up opening that got sustained throughout the day, intriguing a positive sign for the market participants. The rub-off effect of the positivity was visible across the board as the index decisively surpassed the crucial resistance zone of 16380-16430. By the end of the session, the index witnessed some profit booking from the higher levels, though it concluded the day on a positive note, a tad above the 16500 level, procuring over a percent. On 21 july The Indian equity market has witnessed a slender range-bound movement on the weekly expiry session until the fag end buying interest levitated the benchmark index. The respite from the selling spree of the FIIs and positive global traction has boosted our market participants, whose rub-off effect is evident in the broader market space. The benchmark index continued its positive stature and maintained its bullish move for the fifth straight day, procuring over half a percent and settling a tad above the 16600 level.