Intraday study for Indian indices on 15th sept 2022

 Hi Good Morning

as we see market gives a great bounce from the days low which is our majore support level so the trend is up until we hold that levlel which is 17775-17825 there is a strong support level and we may see a strong bounce back from here so here comes the upside level which is 18177 which is thw mojor resistance of the nifty

If we talk about today then today is thrusday a weekly expire of nifty and as we see the trend of nifty weekly expire there is a upmove in opeanig because of new long and then we see the indices goes onto the consolidation and then we see a short covering move in closig session

So this is is the overall trend of the indices at the day of expire so we may break the 18000 levels in intraday but there is almost equal call&put at 18000 so it is the major tussel zone

If we talk about nifty bank then 4100 is a resistance zone above which we may see a upmove twards 42177 the well organised support is placesd at 41000-40800 levels

if we talk about sector specific then we see a FMCG , Cement , Bank nifty , PSU Bank , Media , Energy , Capital good looks good

See my previous article for stock specific and follow for more updates as i will update in intraday move

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

Sep 15

Comment: that is 41800 which is wrong written there as 4100

Sep 15

Comment: as of now the data looks weak may see some slide in indices

Sep 15

Comment: be ready for USL for 2 days move

Sep 15

Comment: see the charts of USL from our commenting time to now 14:39

Sep 15

Comment: see in green calls near day's high

Sep 15

Comment: if we break days in any of options like 850 or at futures level then it is confirmation of another breakout and then get ready for tomorrow this is the stock which goes towards 910