Intraday study for Indian indices for 3rd January 2023 by Harshit_Saxena on TradingView.com
Hi Good Morning
yesterday we saw that the banknifty hits its perfect resistance and the nifty is also in the range and the US market is closed on yesterday so we have no ques from there but our market shows that is in buy on dips and sell on resistance as we don't have the global ques
the SGNIFTY is indicating the gapdown opening and we have the support near and the approach is buy on dips
We have result season near by and the INFY give its results first so we have to keep in mind that we have internal triggers to follow
Now we talk about the Nifty and Banknifty
Nifty:--
The support is at 18025-18050-18100 with the resistance of 18232-18277-18311
Banknifty:--
The support is at 42800-43100 with the resistance of 43500-43650-43800
Sector and Stocks:--
The Major sectors will perform along with the railway and PSU's buying on dips is advisable and be with the sector leaders at first
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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