Intraday study for Indian indices for 17th May 2023

Intraday study for Indian indices for 17th May 2023

Hi
Good Morning
today we saw the range bound day of our given range may be the 2 days belongs the same
The US inflation numbers comes today
The Dow futures trading with 200 points cut
The India Vix is comfortable

Now we talk about the Nifty and Banknifty:--

Nifty:--

The support and the resistances are same and the indicators on my chart showing negative to sideways day

Banknifty:--

The support and the resistances are same and the indicators on my chart showing negative to sideways day The PSU has spark today and the HDFC Twins are ex dividend today that's why we are seeing the fall around 2% in it

Sector and Stock Specific ( SSS ):--

The Major sectors and the weather and climatic conditions and the IT is waiting for the US data to start its run

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 Registere

Intraday study for Indian indices for 16 May 2023 Harshit_Saxena

 

Hi

Intraday study for Indian indices for 16 May 2023

Good Morning

Today we saw the Both the indices touches the today's range and closes at mid of the today session
The US market is in range right now
THE INDIAVIX IS IN GOOD RANGE
I don't have much to talk today because we may saw the either side move as tomorrow is the FINNIFTY weekly expire

Now we talk about the Nifty and Banknifty:--

Nifty:--

The support is at 18177-18225 with the resistance of 18411-18525

Banknifty:--

The Support is at 43500-43650 with the resistance of 44150-44300

Sector and Stock Specific ( SSS ):--
Paints It some Banks will be on watch list for tomorrow

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 15th May 2023

Intraday study for Indian indices for 15th May 2023

Hi

Good Morning

Last week we saw a action on Nifty and Banknifty but it is in  a range which i give you in my last study that's why i haven't update further 

The global markets are also in a consolidation range last week

The India VIX is good levels

But the problem is with the Ban List as the list grows the markets fall So be watchful for the week as we ran too fast and HDFC is giving dividend  

Now we talk about the Nifty and Banknifty:--

Nifty:--

The support is at 18000-17975 range which is the bigger range wit the resistance of 18335 - 18500 with the previous high

Banknifty:--

The support is at 43500-43300 with the resistance of 43850-44100

Sector and Stock Specific ( SSS ):--

May be The IT sector will be the driver for the index as it has to be rallied along with Auto and Paints 

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 9th March 2023

Hi

Good Evening

Today market gives the close by broking the 3 month range and gives the breakout
but we also near the above the levels of my indicators we are at upper end of range so what
next?

Then answer is wait for conformation and be with previous longs and time to book profit
the US market is in good shape

the INDIA VIX is comfortable

Now we talk about the Nifty and Banknifty:--

Nifty:--

The Support is at 18000 with the resistance of 18335 and this triggers the short covering or profit booking

Banknifty:--

The support is at 43000 with the resistance of 43800-44100

Sector and Stock Specific ( SSS ):--

All the major sectors good stocks looks good

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