Consolidation Day - Nifty and Banknifty



Top Gainer Intraday on 07-08-2024  


S.NO

STOCK

OPEN

HIGH

CLOSE

% MOVE

POINT

1

ABB INDIA LTD

7499

7906

7887

5.21 %

390

2

AURO PHARMA

1416

1468

1459

3.57 %

50

3

DIXON TECHNOLOGIES

11355

11668

11668

2.62 %

297

4

LUPIN LTD

1970

2013

1994

2.21 %

43

5

MUTHOOT FINANCE LTD

1796

1858

1852

3.30 %

59




Top Loser Intraday on  07-08-2024


S.NO

STOCK

OPEN

LOW

CLOSE

% MOVE

POINT

1

INDUSIND BANK LTD

1390

1329

1347

4.30 %

60

2

EICHER MOTORS LTD

4669

4582

4621

1.94 %

90

3

UBL

2009

1960

1960

2.43 %

48

4

TECH MAHINDRA LTD

1505

1474

1474

2 %

31

5

BRITANNIA INDUSTRIES LTD

5915

5811

5835

1.55 %

91




Pre Market Report: As per SGX today market is again open at the same level which we are watching from last 2 days. Less see today market will break yesterday’s low or not.


Intraday momentum: From last 2 days nifty and bank nifty are trading in the same pattern and same zone and not breaking the day high and day low and today opening is similar to the last 2 days opening but if nifty or bank nifty break the yesterday’s low then market would go under a seviour selling pressure but it is good to see the consolidation mode but tomorrow or on Friday a bigger momentum may come if it break Tuesdays high and low most probability I am expecting upper side momentum everyone will be happy if market moves on upper side because market is made to move upside but some time a good correction may come. About today’s market I can’t write much more as I am an option buyer today is a consolidation day and no trading day.


Post market Report: Tomarrow I am Expecting a bigger momentum on upper side if it opens at my Trading zone.




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