Intraday study for Indian indices for 30th November 2022

 Hi Good Morning

yesterday market hit the resistance level of 18677 which i give you in yesterday idea and then we saw a profit booking in the market the US market are in consolidation and the SGXNIFTY in yesterday night shows the gapdown opening but right now it is showing on a positive note and we may see another high today and below i will discussed the level with you so let's back to the data point of view of nifty and banknifty

Nifty:---
The support is at 1850 with the 18550-18525 act as a range and the resistance is at 18677-18711 and the 18677-18690 is also the small range of resistance from which the market may stop and give the upmove when sustain above the 18720 all the levels are discussed is of spot levels


Banknifty:---
The support of banknifty is at 42800-43000 with the small resistance at 43300-43500 and the 43800 above which we may see the higher levels because of short covering

Sector and Stock specific view then the :---

CNXIT , BANKNIFTY , PSU , PSUBANKNIFTY, ITBEES, PSUBANK, FINANCE, RELTY, FMCG , MIDCAPIT, MEDIA, PHARMA , FERTILIZER

Mcdowell-N , NIIT, HCLTECH , TECHM , INFY , TCS , UBL , L&T, VOLTAS AND THE PREVIOUSLY MENTIONED PICS FROM THE GIVEN SECTOR ALONG THE SECTOR LEADER ADD REST I WILL HIGHLIGHTED YOU IN THE SESSION TODAY I MENTIONED ONE ETF IN WHICH YOU CAN LOOK FOR HAVING THE RETURN OF 10-15% IN NEAR TERM ABOUT IN 1-2 MONTH KEEP ON WATCH


Disclaimer -- I may have some positions in some of highlighted stocks and this is only study for understanding purposed of the data and the patterns I am not saying anyone to buy any of these picks discussed here i am not SEBI Registered

See market moves as per our levels and after crossing 18720 the 18808 comes on spot immediately

Intraday study for Indian indices for 29th November 2022

 Hi Good Morning

Yesterday markets hits the all time high on both the indices and then some profit booking is seen from the top and today SGX indicating the opening of Negative note because of the Dow's corrected along with Nasdaq So the buying on dips is advisable because Indian markets are up in short term too

Now we talk about the Nifty and Banknifty

Nifty:---
The support is placed at 18400-18450 and the 18500 is the Psychological support which is harder to breach along with the resistance of 18677-18731

Banknifty:---
The support of banknifty is at 42800-43000 with the resistance of 43300-43500-43800

Sectors and the Stocks :---

CNXIT BANKS PSU PVT FINANCE CEMENT FMCG looks good
for the stocks look at the previous study the buy on dips is advisable

Disclaimer -- I may have some positions in some of highlighted stocks and this is only study for understanding purposed of the data and the patterns I am not saying anyone to buy any of these picks discussed here i am not SEBI Registered

Intraday study for Indian indices for 28th November 2022

 Hi Good Morning

Friday we have a good session and the closing is also good on futures we are above 186000 and on spot near about 18500 and the consolidative session in the global market as the Nasdaq down by half percent and Dow's is up and on the weekend news of china lockdown and the rapid increase in cases we are seeing a gapdown opening and it is good to buy the dips as we discussed below about the Nifty and Banknifty

Nifty:---
the support comes around the 18425-18475 and the resistance is at 18551-18577 on spot levels and the major support is 18300-18350

Banknifty:---
The support of Banknifty comes at 42800-42500 and the resistance is at 43100-43300-43500 above which also has the higher side

Sectors and Stocks for today as i am mentioning only few rest you can check the previous study

CNXIT , BANKS, FINANCE, FMCG , MIDDCAPIT, GODREJPROP , DLF , USL , NIIT, L&T ALL looks good along with some you can see from previous study

Disclaimer -- I may have some positions in some of highlighted stocks and this is only study for understanding purposed of the data and the patterns I am not saying anyone to buy any of these picks discussed here i am not SEBI Registered

Nov 28

Comment: see our view from the 18360 our strong base and the 18430 our 1st base both buying level and now in positive 18517.... enjoy

Nov 28

Comment: now the time for finnifty

Intraday study for Indian indices for 25th November 2022

 Hi Good Morning

Yesterday the market reaches 18525 and covering our all targets which i had given to you on yesterday and a day before yesterday
As the US markets are closed yesterday so we didn't have much data to talk on it and global Cues
So now we talk about the nifty and bank nifty

Nifty:---
Nifty clear all the resistances yesterday and open a higher trajectory of all time high and CNXIT is ready to support and up move and texture of bank nifty is also positive we don't have the enough data as the new expire begins from today but the resistance falls around 18616-18677-18711 with the strong support of 18300-18250

Banknifty:---
Yesterday banknifty hits the all time high and unfolds the target of 44100 but the immediate resistance is at 43300-43500-43700 with the support of 42800-42500 the breakout levels

Now the stocks and sector

CNXIT LOOKS GOOD ALONG WITH THE FINANCE, BANKS, INFRA, MEDIA, MIDCAP , NIFTY ,

STOCKS ARE :---

HDFC , INFY , NIIT, SUNPHARMA , ICICIGI , CUMMINS , L&T, HCLTECH , TECHM , HDFCLIFE , VOLTAS, BHARATBIJLEE, NTPC , LTTS , TATACONSUMER, AND ALL THE PSUBANKS, IT AND BANKS ALONG WITH THE ITBEES AND SBIETFIT

PHARMA ME BE ON DOWNSIDE

Disclaimer -- I may have some positions in some of highlighted stocks and this is only study for understanding purposed of the data and the patterns I am not saying anyone to buy any of these picks discussed here i am not SEBI Registered

Nov 25

Comment: immediate SUPPORT OF NIFTY COMES AT 18400-18375

Intraday study for Indian indices for 24th November 2022

 Hi Good Morning

yesterday we see that the indices hold our range perfectly and touched bot the levels in intraday and close in lower end or in between because of the OI of calls on 18300 because of FED minutes
But the FED minutes comes not bad and it is consider by the US market and give the up move after the down reaction on Jobless claims and we saw that the DOW"S and Nasdaq both colse at higher end and the SGXNIFTY is above 18300
Now we talk about the nifty and banknifty


Nifty:----

So the levels for the nifty remains same as of yesterday if crosses 18331 on spot then 18400 and 18477 is possible if crosses the further

bank nifty :----

the bank nifty now has the support of 42100-42300 along 42500 and the resistance is at 42800-43100 range

Now the sector and stocks

It is seen that the major shorts is cover and we may see short covering so the

CEMENT, IT , BANKS , PSU BANKS, PSU , FMCG LOOKS GOOD

STOCKS ARE
AXIS BANK , KOTAK, ICICI, HDFC BAJAJ, HCKTECH, INFY , TECHM , INDIACEM , DLF , GODREJPROP , L&T ALL MAJOR LOOKS GOOD WITH LIMITED DOWNSIDE AND MAJOR UPSIDE WATCH CAREFULLY

Disclaimer -- I may have some positions in some of highlighted stocks and this is only study for understanding purposed of the data and the patterns I am not saying anyone to buy any of these picks discussed here i am not SEBI Registered