Indian indices for 30th January 2023 || Share bazar ki chaal || support resistance levels

Intraday study for Indian indices for 30th January 2023 by Harshit_Saxena on TradingView.com

|| Share bazar ki chaal || support resistance levels 

Hi Good Morning

On Friday we se that fall continues as the prediction of News is correct and the Nifty takes the ultimate support of 17528 which i mentioned you in the previous quick levels study and on the same day which the fall continues
The US market closes in green from the red and closes in good structure
The INDIAVIX IS moved up very rapidly which is good for options buyers but be cautious

The reply form the company may triggers the short covering and the data suggest that short covering has to come because there are more shorts in the market

Now we talk about the Nifty and Banknifty

Nifty:--

The support is at the level of 17528 with the range of 17450-17550 with the resistance of 17811-17851

The short covering has to come from the support zone

Banknifty:--

The support id placed at 39800-40100 as the structure is strong as the leader is strong and lead the short covering with the resistance of 40850-41100-41500
The range is more because of the increasing VIX and good structure and the chances of short covering is more

Sector and Stock Specific( SSS ):--

The major sector is looking good as the budget ahead and the indices corrected and the sector leaders doing good so be with the mentioned sector stocks and the Adani Group has the big Short covering along with the banks and capital goods keep on radar

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

Indian indices for 23rd January 2023 || Share bazar ki chaal || support resistance levels

Intraday study for Indian indices for 23rd January 2023 by Harshit_Saxena on TradingView.com

|| Share bazar ki chaal || support resistance levels 

Hi Good Morning
On Friday we saw a perfect range bound movement with the good upmove in highlighted sector and we didn't see a dip throughout the day in them and closed at high and i mentioned you the sector, stock in which data is developing for the huge move hope you all captured that
The US market gives the good upmove on Friday and closes about 3% up

The SGXNIFTY showing the 90 points gapup

the India VIX cool down on Friday

Now we talk about the Nifty and Banknifty:--

Nifty:--

The support is placed at 18025-18075 with the resistance of 18177-18211 the short covering comes so we advice the Buying on dips structure

Banknifty:--

The support is at 42300-42500 with the resistance of 42800-43100-43300 As the results of Kotak bank and ICICI bank has impact and the good Data development of HDFC bank so the huge short covering comes in banknifty and goes for huge upmove

Sector and Stock Specific( SSS ):--

As i am mentioning from past few days the Budget related sector looks good and the rally comes in these sectors and apart with that i mentioned that the HDFC and HDFC banks has goo data development so look at The Finance sector along with Capital goods and railway and consumption

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

Indian indices for 19th January 2023 || Share bazar ki chaal || support resistance levels

Intraday study for Indian indices for 19th January 2023 by Harshit_Saxena on TradingView.com

Indian indices for 19th January 2023 || Share bazar ki chaal || support resistance levels 

Hi Good Morning
yesterday banks moved up along with IT and Nifty concur the 20DMA with the help of all the sectors and market touched its resistances and today is the weekly expire of Nifty and Banknifty
The US market is again closes in red about the 600 points cuts in Dow's and 1% in Nasdaq
The SGXNIFTY is showing about flat to negative opening.
The VIX Cools down Yesterday.

Now we talk about the Nifty and Banknifty

Nifty:--

The support is at 17975-18025 with the resistance of 18177-18211 this is the expire range if short covering comes above 18225, we will see huge up move.

Banknifty:--

The support is at 42000-42200 with the resistance of 42650-42800--43100--41800 is the biggest range.

Sector and Stock specific( SSS ):--

The major sector with the leader looks good as you can see the railway sector and the L&T in capital goods give the 6% move in 2 days so as i told you that the budget related sector looks good till budged look at the previous studies of mine


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

Indian indices for 18th January 2023 || Share bazar ki chaal || support resistance levels

Intraday study for Indian indices for 18th January 2023 by Harshit_Saxena on TradingView.com

Indian indices for 18th January 2023 || Share bazar ki chaal || support resistance levels 

Hi Good Morning

Yesterday was the high volatility as mentioned and the whole day belongs like this and the end of the day belongs to the short covering from the FINNIFTY

The US market was also in consolidation and there is a divergence in Nasdaq and Dow's as Dow was down about the 390 points and the Nasdaq was up and ended in green.

The SGXNIFTY indicated the flattish opening.

The INDIAVIX cool down.

Now we talk about the Nifty and Banknifty

Nifty:--

The support is around the 17950-18000 and the bigger range is 17777-18825---18050-18177 is the resistance.

Banknifty:--

The support is at 41800-42000 with the resistance of 42450-42650-42800

Sector and Stock Specific( SSS ):--

The major sector and the budget related themes will run fast as the L&T from capital goods from yesterday as i mentioned in my previous studies so be with the leaders of the sectors and ready for budget.

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

Indian indices for 17th January 2023

Intraday study for Indian indices for 17th January 2023 by Harshit_Saxena on TradingView.com

Hi Good Morning
yesterday we see a good opening then in close the market gives the deep cuts and closes at day's low and visited its base but didn't broke it same as with the other indices all visited the base.
The US markets closed se we didn't have any ques from there.
The SGXNIFTY is showing flat opening.
The VIX increases so the volatility for today may increases as the weekly expire of FINNIFTY.
Now we talk about the nifty and Banknifty:--

Nifty:--
The support is placed at 17850-17777 with the resistance of 18050-18111 the ultimate support is at 17500 which is near 200DMA.

Banknifty:--
The support is at 42000-41800 with the resistance of 42350-42400-42650-42800 the levels are more because of the weekly expire of FINNIFTY.

Sector and Stock Specific ( SSS ):--
The major sectors are looking good as the it gives the good close yesterday and the budget related stocks are looking good as i mentioned the sectors in my previous studies have a look of that and if the short covering comes and the major finance will support then the day belongs to the financial stocks and indices.

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

Indian indices for 16th January 2023

Intraday study for Indian indices for 16th January 2023 by Harshit_Saxena on TradingView.com

Hi Good Morning

On Friday we have seen that the market touches the level of support which is 17777 and bounces from there towards the level of 17999 and then consolidate.
Then the same day Dow's return in positive from the huge negative as it also tested the support and come back up again along with the Nasdaq.
Now the SGXNIFTY showing the gap up.

Now we talk about the Nifty and Banknifty:-

Nifty:--

The well support is placed around the 17800 as it tested the all supports in previous session and the 200 DMA is at 17500 with the resistance of 18050-18111-18177

Banknifty:--

The support is placed at 42500-42300 with the resistance of 42800-42950-43132

Sector and Stock Specific ( SSS ):--

The major sector with sector leaders looks good mentioned in previous studies for intraday look at finance and banks as HDFC bank reports good result.

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

Indian indices for 13th January 2023 || bazar ki chaal || support resistance levels

Intraday study for Indian indices for 13th January 2023 by Harshit_Saxena on TradingView.com

Bazar ki chaal -- support and resistance 

Hi Good Morning

Yesterday we saw that the market tested the support level and because of the expire we saw the short covering from the lower level and the formation is still the lower low on Daily basis
The US inflation comes as estimate and the market jumps and closes in positive The SGXNIFTY is showing the positive to flat opening the results of major it has its impact

Now we talk about the Nifty and Banknifty

Nifty:--

The support is placed at 17777-17717 with the major 200DMA around the 17500 and the resistance at 17925-18025 as the biggest range but the Day may belongs to consolidation with negative note

Banknifty:--

The support of banknifty is at 41500-41800-42000 with the resistance of 42300-42500-42650

Sector and Stock Specific ( SSS ):--

The Major sector looks good as the market is correcting and the time wise correction is also going as marker consolidate in the range so for the short term it is good opportunity for accumulation look at the sector leaders and other mentioned sectors in the previous studies


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