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Intraday study for Indian indices for 13th December 2022

 

Intraday study for Indian indices for 13th December 2022 by Harshit_Saxena on TradingView.com


Hi Good Morning
yesterday the market is in our defined range of 1st base to the resistance after hitting the 1st base the quick move towards the 18500 but today we are opening about the yesterday's high
the US market is in consolidation and yesterday the give the upmove and waiting for the FED policy
Now we talk about the Nifty and Banknifty:--

The support of nifty is at 18425-18375 with the resistance of 18531 after we have a upmove towards 18600

Banknifty:--
the support is at 43300 with the resistance of 43850-44000

Sector and Stocks:----
the major stocks look's good for the bounce towards upside as the shorting is more in major stocks and sector

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 giving any trade just wrote my views after the data reading what i think about the market sentiments. I am not SEBI Registered

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