EquityPandit’s Outlook for NIFTY Auto for the week (March 23, 2020 - March 27, 2020): NIFTY AUTO: NIFTY AUTO Index closed the week on negative note losing 811.85 Points 13.13%. Weekly High: 6,041.35 Weekly Low: 5,042.90 Weekly Close: 5,370.15 Technically on the daily charts we see minor support on the downside for NIFTY AUTO index lies at 4900 levels, whereas minor resistance on the upside is capped around 5650-5700 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 towards major support on lower side around 4500 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 6000. Currently NIFTY AUTO index is trading below 200

EquityPandit’s Outlook for NIFTY PHARMA for the week (March 23, 2020 - March 27, 2020): NIFTY PHARMA: NIFTY PHARMA Index closed the week on negative note losing 316.10 Points 4.35%. Weekly High: 7,406.05 Weekly Low: 6,332 Weekly Close: 6,951.90 Technically on the daily charts we see minor support on the downside for NIFTY PHARMA index lies at 6500 levels, whereas minor resistance on the upside is capped around 7400-7450 levels. If NIFTY PHARMA index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 6200 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 7600. Currently NIFTY PHARMA index is trading b

EquityPandit’s Outlook for NIFTY FMCG for the week (March 23, 2020 - March 27, 2020): NIFTY FMCG: NIFTY FMCG Index closed the week on negative note losing 276.40 Points 1.05%. Weekly High: 26,113.70 Weekly Low: 22,699.05 Weekly Close: 25,931.60 Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 24500 levels, whereas minor resistance on the upside is capped around 26900--27000 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 towards major support on lower side around 23300 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 28300. Currently NIFTY FMCG index is trading b

EquityPandit’s Outlook for NIFTY IT for the week (March 23, 2020 - March 27, 2020): NIFTY IT: NIFTY IT Index closed the week on negative note losing 1175.65 Points 8.68%. Weekly High: 13,078.65 Weekly Low: 10,991.25 Weekly Close: 12,363.45 Technically on the daily charts we see minor support on the downside for Nifty IT index lies at 11300 levels, whereas minor resistance on the upside is capped around 13250-13300 levels. If Nifty IT index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 10500 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 13900. Currently Nifty IT index is trading below 200 day

EquityPandit’s Outlook for Nifty Bank for the week (March 23, 2020 - March 27, 2020) NIFTY BANK: NIFTY BANK Index closed the week on negative note losing 4848.85 points 19.27%. Weekly High: 24,074.15 Weekly Low: 18,675.65 Weekly Close: 20,317.60 Technically on the daily charts we see minor support on the downside for NIFTY BANK index lies at 18700 levels, whereas minor resistance on the upside is capped around 21400-21500 levels. If NIFTY BANK index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 17000 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 23300. Currently NIFTY BANK index is trading be

EquityPandit’s Outlook for Nifty for the week (March 23, 2020 - March 27, 2020): NIFTY: NIFTY 50 Index closed the week on negative note losing 1209.75 Points 12.15%. Weekly High: 9,602.20 Weekly Low: 7,832.55 Weekly Close: 8,745.45 Technically on the daily charts we see minor support on the downside for nifty 50 index lies at 8150 levels, whereas minor resistance on the upside is capped around 9150-9200 levels. If nifty 50 index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 7750 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 9600. Currently nifty 50 index is trading below 200 days exponentia

Market has already seen EquityPandit's predicted bottom. -Now What? -Will market correct more? -Should we exit our investments?   EquityPandit would answer all your queries in this follow-up article, so that you can take a better and informed decision.   In our previous Special Report (when Nifty was hovering around 10400 levels) And based on the chart of Nifty, BankNifty, Dow and some index heavyweight we tried to predict where the Indian Stock market is headed and where the bottom could form. We also suggested traders and investors with some strategies that they should do in such market conditions. You can read the previous report at the below link: Special Report [Part One]: Where Is The Indian Stock Market Headed? In our previous article we suggested that if Nifty broke levels of 1

EquityPandit’s Outlook for HDFC Bank for the week (March 16, 2020 - March 20, 2020): HDFC BANK: BSE: 500180| NSE: HDFCBANK| ISIN: INE040A01026| SECTOR: BANKS Stock closed the week on negative note losing -5.37% Week High: 1120 Week Low: 919.20 Week Range: 200.80 Points HDFC Bank Ltd. Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1003 levels, Minor resistance on the upside is capped around 1080 levels. If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 919 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 1100. Stock is trading ab