EquityPandit’s Outlook for NIFTY MEDIA for the week (June 17, 2019 - June 21, 2019): NIFTY MEDIA:     NIFTY MEDIA Index closed the week on negative note losing –45.30 Points –2.13% Technically on the daily charts we see minor support on the downside for index lies at 2120 levels, whereas minor resistance on the upside is capped around 2245 levels. If Nifty Media index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 2020 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 2335 Currently Nifty Media index is trading below 200 days exponential moving average suggests long term trend is beari

EquityPandit’s Outlook for NIFTY REALTY for the week(June 17, 2019 - June 21, 2019): NIFTY REALTY:     NIFTY REALTY Index closed the week on negative note losing –8.65 Points –3.10% Technically on the daily charts we see minor support on the downside for index lies at 261 levels, whereas minor resistance on the upside is capped around 278 levels. If Nifty Realty index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 245 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 293 Currently Nifty Realty index is trading above 200 days exponential moving average suggests long term trend is bullis

EquityPandit’s Outlook for NIFTY PSU BANK for the week (June 17, 2019 - June 21, 2019): NIFTY PSU BANK:     NIFTY PSUBANK Index closed the week on negative note losing –51.65 Points –1.66% Technically on the daily charts we see minor support on the downside for index lies at 3050 levels, whereas minor resistance on the upside is capped around 3220 levels. If Nifty PUS Bank index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 2850 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 3445 Currently Nifty PSU Bank index is trading above 200 days exponential moving average suggests long term

EquityPandit’s Outlook for NIFTY METAL for the week (June 17, 2019 - June 21, 2019): NIFTY METAL:     NIFTY METAL Index closed the week on negative note losing –113.75 Points –0.70%   Technically on the daily charts we see minor support on the downside for index lies at 2880 levels, whereas minor resistance on the upside is capped around 2990 levels. If Nifty Metal index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 2760 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 3060 Currently Nifty Metal index is trading below 200 days exponential moving average suggests long term trend

EquityPandit’s Outlook for Nifty Energy for the week (June 17, 2019 - June 21, 2019): NIFTY ENERGY:     NIFTY ENERGY Index closed the week on negative note losing –113.75 Points –0.70% Technically on the daily charts we see minor support on the downside for index lies at 15900 levels, whereas minor resistance on the upside is capped around 16300 levels. If Nifty Energy index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 15400 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 16600 Currently Nifty Energy index is trading above 200 days exponential moving average suggests long term tre

EquityPandit’s Outlook for NIFTY Auto for the week (June 17, 2019 - June 21, 2019): NIFTY AUTO:     NIFTY AUTO Index closed the week on negative note losing –160.40 Points –1.96%   Technically on the daily charts we see minor support on the downside for index lies at 8020 levels, whereas minor resistance on the upside is capped around 8355 levels. If Nifty Auto Index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 7820 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 8520. Currently Nifty Auto Index is trading below 200 days exponential moving average suggests long term trend is bea

EquityPandit’s Outlook for NIFTY PHARMA for the week (June 17, 2019 - June 21, 2019): NIFTY PHARMA:     NIFTY PHARMA Index closed the week on negative note losing –96.05 Points –1.17% Technically on the daily charts we see minor support on the downside for index lies at 7955 levels, whereas minor resistance on the upside is capped around 8245 levels. If Nifty Phamra Index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 7700 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 8605 Currently Nifty Pharma Index is trading below 200 days exponential moving average and suggests long term t

EquityPandit’s Outlook for NIFTY FMCG for the week (June 17, 2019 - June 21, 2019): NIFTY FMCG:     NIFTY FMCG Index closed the week on negative note losing –5.35 Points –0.02% Technically on the daily charts we see minor support on the downside for index lies at 29700 levels, whereas minor resistance on the upside is capped around 30400 levels. If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 29340 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 30825 Currently Nifty FMCG index is trading above 200 days exponential moving average and suggests long term trend is b