NIFTY NEXT UPSIDE TARGET SEEN AT 19800-20,000 🥳🥳

STOCKS TO TRADE ON 18 JULY 2023

HAL, BANDHANBK, AUBANK, MCDOWELL, INDIACEM, TITAN, RAMCOCEM, SBIN, TRENT

TO GET LIVE TRADING TIPS WHATSAPP YOUR NAME SEGMENT ON 9039542248 OR FILL THE FORM VISIT https://niftytipsniftylevels.blogspot.com/p/enter-mobile-number-for-2-days-trial.html

QUARTERLY RESULT 18 JULY 2023

CIE Automotive India Ltd

HeidelbergCement India Ltd

ICICI Lombard General Insurance Company Ltd

ICICI Prudential Life Insurance Company Ltd

IndusInd Bank Ltd

L&T Technology Services Ltd

Network 18 Media & Investments Ltd

Polycab India Ltd

TV18 Broadcast Ltd

Markets got off to a strong start to the week, gaining nearly 1% on Friday's run. After a flat start, the Nifty gradually rose throughout the day and settled around the daily high to close at 19721. The majority of traded sectors participated in the development, with banking, finance, pharmaceuticals and energy being the largest contributors. And the broader indices also moved in lockstep, gaining in the 0.35% to 0.85% range. The strong rise in the banking index after a pause in the IT sector confirms our bullish view and we expect Nifty to gradually trend towards a new milestone i.e. 20000 mark. At the close, the Sensex was up 529 points to 66589 and the Nifty was up 147 points to 19711. Markets were in excellent shape as benchmark indices hit new highs on a rally in bank stocks after HDFC Bank announced better than expected first quarter results. Most of the company results released so far have more or less met expectations, showing the improving health of our economy. The rally came despite weakness in European markets and a mixed finish in key Asian indicators.

For investors, the market is very strong and the buy on dips strategy can be used with a strict stop loss of 19500. If the Nifty closes below the stated level, we can expect more profit bookings. Today the banks have shown a significant recovery from the support levels and are attempting to scale the 45,500 level. Once Bank Nifty breaks the all-time high of 45655, it can rally towards the 46500 level and higher. The Nifty posted a new record high driven by the performance of the IT sector, big banks and Reliance Industries. The daily chart shows a break out of a consolidation phase, indicating a positive change. The RSI is showing a bullish crossover, which indicates further upward movement. Immediate resistance for the index is expected around 19725-19750 while support is on the downside at 19600.

STOCK SUGGESTED IN 15 JULY POST FOR TRADING ON 17 JULY TO CHECK VISIT https://niftytipsniftylevels.blogspot.com/2023/07/stocks-to-trade-on-15-july-2023.html

RBLBANK UP BY 8%

NATIONALUM UP BY 4.20%

MCX UP BY 2.66%