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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

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