Hi Good morning
yesterday we see that the market touches the 1st resistance level and then turn from 18178 to the our 1st base of 18050 and market is in this range only whole day because we have a FED policy in the night and in that the 75bps hike taken by the FED and on this news the markets behave well but in the press conference he aid that they has no idea abo the number of the rates hike and they wants to control the inflation to 2% and didn't given any update till the next time they meet in December
For today in Indian markets as they have a zone of 18000 and also we have our RBI policy today we in m opinion that the data will not work more today and we saw a move after the policy in any direction
if we talk about the levels the 17975-18000 is a good support level below which 17800 may seen and the resistance is at 18125-18175-18225
in bank nifty the 40800-41100 is a good support below which the 40500-404=300 may seen and the resistance is at 41300-41500-41800
For today there is no stock sector specific view because market didn't do much yesterday but one can keep on eye on BANKS, IT, MEDIA, PSU because whole day we see that shorts id formed not the long unwinding
when the IT crosses yesterday high then we will see a great move in upside in IT in stocks specific
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
For today in Indian markets as they have a zone of 18000 and also we have our RBI policy today we in m opinion that the data will not work more today and we saw a move after the policy in any direction
if we talk about the levels the 17975-18000 is a good support level below which 17800 may seen and the resistance is at 18125-18175-18225
in bank nifty the 40800-41100 is a good support below which the 40500-404=300 may seen and the resistance is at 41300-41500-41800
For today there is no stock sector specific view because market didn't do much yesterday but one can keep on eye on BANKS, IT, MEDIA, PSU because whole day we see that shorts id formed not the long unwinding
when the IT crosses yesterday high then we will see a great move in upside in IT in stocks specific
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 3
Comment: see both the indices took support on our given levels and we are seeing bank nifty in positive as i mentioned above and when IT specially INFY HCLTECH TECHM crosses their todays open/high then we will see a huge upside
Nov 3
Comment: see axis bank....
Nov 3
Comment: titan, HINDUNI (HUL), Godrej prop, SBIN......
Nov 3
Comment: titan, HINDUNI (HUL), Godrej prop, SBIN......
Nov 3
Comment: SEE M&MFIN ENTIONED YESTERDAY 10% TODAY
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