Nifty - (-800) and Banknifty - (-1600) Points Down - Bearish market

 





Top Gainer Intraday on 05-08-2024 



S.NO

STOCK

OPEN

HIGH

CLOSE

% MOVE

POINT

1

DR.LALPATHLAB LTD

3055

3184

3158

4.22 %

128

2

HINDUSTAN UNILEVER

2686

2742

2722

2.04 %

54

3

APOLLO HOSPITAL

6629

6755

6679

1.91 %

126

4

BRITANNIA LTD

5697

5842

5675

1.91 %

108

5

ASIAN PAINT

3057

3145

3096

2.88 %

87



Top Loser Intraday on  04-08-2024


S.NO

STOCK

OPEN

LOW

CLOSE

% MOVE

POINT

1

ADANI PORT SPECIAL

1554

1472

1494

5.23 %

81

2

GODREJ PROPERTIES

2238

2796

2823

4.84 %

142

3

PIRAMAL ENTERPRISES

1009

972

981

3.60 %

36

4

DIXON TECHNOLOGIES

11110

10985

11100

1.12 %

125

5

TATA COMMUNICATION

1912

1859

1872

2.78 %

53





Pre-Market Report:  As Per the SGX market is showing 165 point gap down and first from is also a bearish candle of 124 points if it don’t take pullback we can see a big gap down of 400+ points. If momentum continues toward down side we can see the today a big bearish market.


Intraday momentum:  As per the SGX data market is showing gap down so market has opened 400+ points gap down nifty is looking strong as compare to bank nifty in bank nifty momentum is possible towards downside, nifty can undergo in loss of momentum but bank nifty is ready for downside momentum. Nifty has moved almost 800 Points from Fridays closing and overall market was bearish. Bank nifty has moved almost 1600 points from Fridays closing.


Post market Report: As I have told in coming days we can see a downside momentum in coming days.




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