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Intraday study for Indian indices for 19th December 2022

 

Intraday study for Indian indices for 19th December 2022 by Harshit_Saxena on TradingView.com


Hi Good Morning
The market broke the support of 18500 and we saw that after that market fall and reach the level till 18250 but where the major support is present, we will discuss this below but the US market the Nasdaq is Corrected less as compare to Dow's we have No NEWS flow in the market but the levels to react but the Dow's Corrected more than 1500 points Now we discuss about the Nifty and Bank Nifty

Nifty:--
The support is at 18175-18150 and the resistance is at 18375-18400

Banknifty:--
The support is at 43100-43000 with the resistance of 43650-43800

Sector and Stocks :--
I Like only 4 stocks on the up side and i.e. Axisbank , Indusilbank, HDFCBANK , L&T apart that i don't like any in the technical wise on my charts

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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