Nifty 23Jul23to27Jul23 Short,Medium,LongTerm&StockPick

Nifty 23Jul23 to 27Jul23 Short,Medium,Long Term & StockPick

Nifty closed at 19745 ( 19422) and touched low & high of 19571 and 19996.

Stocks to pick ( Buy on Dip) for Long Term by on Staggered way call was given three weeks back, on an average raised 3-5 % in Three week( Can accumulate on dip ):
Disclaimer: For analysis purpose only. Many stocks raised considerably in last three weeks.
HDFC Bank , L&T Tech ( 6% up), KPIT , PI Ind , Dr Reddys ( 6% Up), Ujjvan Small Fin (13 %), Route Mobile, Bank of Maharashtra ( 26 %), Andhra Paper(4%) Accelya Solutions

Nifty long call was given Three week back (at 19250) and touched all time high 19996

RSI and Stochastic level dipped to 68 %

Nifty- In Short term might increase
Resistance at 20000,
Support at 19500 ( Shown in red line) /
Buy on Dip above this support level

Nifty Medium Term -

Above 20000 it will take it to 20100-20150-in next 2-3 weeks
Nifty support at 19300/19000
Can initiate sell around 20100-20150 ( Fibonacci 1.618 level)

Long term-
To review the Q2 results.


Investors can accumulate following Mutual Funds
NIFTY 50 & Nifty Equal weight ( 50%)
Nifty Bank & IT (20%)
Nifty Mid Cap ( 20 %)
Nifty Small Cap (10%)