Consolidation Day of Nifty and Banknifty



Pre-Market Report:  As SGX, the Market has Opened a Gap Down as per the trend it can continue its downside momentum or may consolidate.

 

Intraday momentum: The market has opened a gap down and trying to move upside but after some momentum, the market started consolidating throughout the day it has given a consolidation and today option sellers have made money.

 

Post-market Report: The trend is looking Negative as it has many times tested all-time highs a pullback may come to some extent the traders who have shorted at an all-time high will make good money in the coming days if it is a trend reversal, whenever a trader shorted all-time high or all-time low they book good Profit in coming days.


Top Gainer Intraday on 22-07-2024 



S.NO

STOCK

OPEN

HIGH

CLOSE

% MOVE

POINT

1

GRASIM INDUSTRIES

2718

2801

2815

3.65 %

99

2

NTPC

364

377

373

3.45 %

12

3

ULTRATECH CEMENT

11251

11570

11527

2.91 %

326

4

HDFC BANK

1620

1650

1642

1.92 %

31

5

DR REDDY LABOLATORIES

6580

6774

6768

2.93 %

193


Top Loser Intraday on  22-07-2024


S.NO

STOCK

OPEN

LOW

CLOSE

% MOVE

POINT

1

WIPRO

523

503

505

4.17 %

21

2

KOTAK BANK

1820

1749

1762

3.82 %

69

3

RELIANCE

3074

2999

3005

2.40 %

74

4

ITC

475

466

466

1.95 %

9

5

SBI LIFE INSURANCE COMPANY

1645

1619

1620

1.59 %

26




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