Intraday study for Indian indices for 28th april  2023

Hi

Good Morning

Today we saw that the Nifty touched the 17800 and holds this level and sustain above this and then triggers the short covering and as expected and market hits the level near 17950 as expected

Now when we reach this level and the monthly expire is over and we have new series so we will find out some new upper and lower levels of the stocks because of roll overs 

Now the US market are in positive as the Nasdaq hits 2% jump.

The INDIAVIX is good

The SGXNIFTY is in positive crosses 18K

Now we talk about the Nifty and Banknifty:--

Nifty:--

The support is at 17777 which is a good  support and the market is at 17900 so the one buys at lower levels may try to book profits as we have Friday factor and the gapup opening and index might lets up on indicator 

Banknifty:--

The Support is at 42500 and the resistance is at 43090-43250 as it also gets above on my charts so the consolidation and some points profit booking is must

Sector and Stock Specific ( SSS ):--

The consumption and the auto will be in watch along with IT as Nasdaq jumps

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

 

Intraday study for Indian indices for 27th April 2023

Hi
Good Morning
today we saw that the Nifty touched the 17800 and holds this level closes above this but failed to cross the 17825 which is our target
Now when we reach this level and we have the expire tomorrow then we will find out some new upper and lower levels
Now the US market are in positive as the Nasdaq hits 1% jump
The INDIAVIX is good
The SGXNIFTY is in positive

Now we talk about the Nifty and Banknifty:--

Nifty:--
The support is at 17700 which is a good put support and the market is at 17800 so the CE writer is trap so the gap up opening may give the profit booking and the whole day consolidation
The resistance is at 17950 about

Banknifty:--
The Support is at 42500 and the resistance is at 43090-43250

Sector and Stock Specific ( SSS ):--
The consumption and the auto will be in watch along with IT

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

 

Intraday study for Indian indices for 25th April 2023

Hi
Good Evening

Today we saw that even after the good results we open and touched the resistance level near 17777 and consolidate but the bank nifty moves up and touched near resistance at 42650

As discussed to book profits near resistance

currently the Us market is near flat and the SGXNIFTY is showing the gapup
The INDIAVIX is at good levels

Now we talk about the Nifty and Banknifty:--

Nifty:--

The support is at 17538-17625 with the ultimate major put base of 17000 with the resistance of 17777-17825-17925

Banknifty:--

The support is at 42155-421350 with the resistance of 42750-42945-43090

Sector and Stock Specific ( SSS ):--

The major names gives the good results and moving the market up be with good names


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

Intraday study for Indian indices for 24th April 2023

Intraday study for Indian indices for 24th April 2023 by Harshit_Saxena on TradingView.com

Hi

Good Afternoon
I haven't update for Friday as we all know about the results of big name of industry is coming after the closing and before the opening so the market wait for the big ques and the results are better than expectations so the gapup may be seen

As the position of the indicators are not that bad so after the gap up it is advice to book profits
The US market is also waiting for the big names results this week so the volatility may seen in global front
The INDIAVIX is positioned good

Now we talk about the Nifty and Banknifty:--

Nifty:--

The support is at 17530-17495 with the resistance of 17717-17777-17825 big results may impact the range

Banknifty:--

the support is at 41800-42100 with the resistance of 42550-42650-42800

Sector and Stock Specific ( SSS ):--

the major names are looking good as we see good rally and it is advised to book profits after or before the results as we are already up many points

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