FAOP56967.pdf

Change of Bank nifty future and Options expiry day from existing Thursday to Friday applicable from July 7 th for the week ending 14 th July

Important circular

Latent view Good base Formation seen around 300 to 320 levels, if the descending broken then good upmove can be seen

Anuhpharma Accumulation levels 86 to 90, SL : 77 in monthly closure, Targets 110, 130 ++

Positional view , TVS Electronics in Ascending Triangle Pattern. SL 330. Target open

Important day for the month, Today's high might act as resistance for this month

Both Nifty n Bank Nifty came down from our levels👍😊

IEX IN (-) : Big Negative : Market Coupling announced...

Power Ministry has directed *CERC to undertake the process of market coupling in a timely manner.*

BIG Negative for IEX - this will potentially *take away IEX’s moat of being the most dependable platform price determination*

Hence volume growth will be further impacted (currently 5-6% - vs CMP factoring in ~20% vol. CAGR)

Suzlon

View is bearish in Nifty, Nifty 18800 PE looks good, 18580 & 1520 are possible levels today

It's a positional view hero or zero call. Don't take more lots. CMP 18660,
18800 PE at 154

Block deals in IEX

18800 Pe given at 154 high made 236🙏🙏

First Target 18580 done 👍

IRCTC , can go towards 770,850,1000 ++ holding period 18 months.

IGPL moving towards 550 and 605 minimum

Weekly BankNifty:
Support : 43500
SL           :43378

Resistance:44415
SL           : 44495


Nifty Weekly Levels
Support: 18430
SL         : 18315

Resistance: 18687
SL              : 18770