𝗡𝗶𝗳𝘁𝘆 𝗮𝗻𝗱 𝗦𝘁𝗼𝗰𝗸 𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 𝗳𝗼𝗿 𝗝𝘂𝗻𝗲 𝟭𝟱–𝟭𝟵

𝗡𝗶𝗳𝘁𝘆 𝗮𝗻𝗱 𝗦𝘁𝗼𝗰𝗸 𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 𝗳𝗼𝗿 𝗝𝘂𝗻𝗲 𝟭𝟱–𝟭𝟵

Sudeep Shah from SBI Securities identifies specific stocks and market trends for the week of June 15-19, 2026.

Stock Recommendations

• Karnataka Bank

• Buy zone: 273-278
• Stoploss: 265
• Target: 295
• Current status: Trading above key moving averages with rising momentum.

• Avalon Technologies

• Buy zone: 1685-1695
• Stoploss: 1640
• Target: 1810
• Current status: Maintaining a bullish structure with higher highs and higher lows.

Nifty50 Outlook

• Nifty closed the previous week with a 1.10% gain.
• The index closed above its 20-day EMA for the first time since May 2026.
• Support levels exist at 23,350–23,300.
• Resistance levels sit at 23,800 and 24,000.
• Market sentiment improved due to lower Brent crude oil prices below $90.

Bank Nifty Outlook

• Bank Nifty shows a breakout from a Symmetrical Triangle pattern.
• The index trades above its 20-day and 50-day EMAs.
• Support levels are located at 56,200–56,000.
• Target levels include 57,500 and 58,300.

Source: The Times of India