Hey guys ...!!
Another new trading week is starting from 1st June to 5th June.
Market will react on this 8 big news...
1. Lockdown extension & unlock 1.0
Extension uptown 30th june in containment zones. Easing curbs in other areas:
* No Restrictions on inter-state & Intra- state movement.
* Reopening of malls, hotels and restaurants- possible in near future
* Reopening of Educational institutions, international air travel, and metro operations will he decided in the third phase.
2. Covid 19 situation
● Current count above 1.8 lacs
● New cases around 8000 per Day
● Deaty toll above 5000
3. Us-China tensions
@ Estimation of special status to hongkong possible
@ stopping Deal Use if technologies
@ Banning if chinese students doing research in US
4. Q4 Earnings
• June 01: orient electric and v guard
• june 02: interglobe aviation, motherson Sumi and zydus wellness
• june 03: Aurobindo pharma and BPCL
• june 04: PI industries, NIIT and SRF
• june 05: L&T and Gujarat gas
• june 06 : Relaxo
5. Auto sales
• auto sales number for the month of may
• April, zero sales were reported by most companies
• nifty auto is up over 11% in the last one month.
6. Macro Data
Purchasing managers index(PMI) data older the manufacturing and services sector for the month of may.
05,june: data for Bank loan& Deposit growth
7.nifty outlook
Nifty has broken its range and decisively surpassed 9500,
9600 looks crucial, let's see if nifty Could hold this level, next levels to be watched around 9750- 9800
8. F&O cues
Maximum put OI was at 9000 followed by 8500 strike. Maximum call OI was at 10000 followed by 9500 strike.
Option data suggested that 9200 could be immediate support followed by 9000 while the resistance is around 9600.
This are the big 8 news for coming trading week.
"Let's create wealth together"
Another new trading week is starting from 1st June to 5th June.
Market will react on this 8 big news...
1. Lockdown extension & unlock 1.0
Extension uptown 30th june in containment zones. Easing curbs in other areas:
* No Restrictions on inter-state & Intra- state movement.
* Reopening of malls, hotels and restaurants- possible in near future
* Reopening of Educational institutions, international air travel, and metro operations will he decided in the third phase.
2. Covid 19 situation
● Current count above 1.8 lacs
● New cases around 8000 per Day
● Deaty toll above 5000
3. Us-China tensions
@ Estimation of special status to hongkong possible
@ stopping Deal Use if technologies
@ Banning if chinese students doing research in US
4. Q4 Earnings
• June 01: orient electric and v guard
• june 02: interglobe aviation, motherson Sumi and zydus wellness
• june 03: Aurobindo pharma and BPCL
• june 04: PI industries, NIIT and SRF
• june 05: L&T and Gujarat gas
• june 06 : Relaxo
5. Auto sales
• auto sales number for the month of may
• April, zero sales were reported by most companies
• nifty auto is up over 11% in the last one month.
6. Macro Data
Purchasing managers index(PMI) data older the manufacturing and services sector for the month of may.
05,june: data for Bank loan& Deposit growth
7.nifty outlook
Nifty has broken its range and decisively surpassed 9500,
9600 looks crucial, let's see if nifty Could hold this level, next levels to be watched around 9750- 9800
8. F&O cues
Maximum put OI was at 9000 followed by 8500 strike. Maximum call OI was at 10000 followed by 9500 strike.
Option data suggested that 9200 could be immediate support followed by 9000 while the resistance is around 9600.
This are the big 8 news for coming trading week.
"Let's create wealth together"
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