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
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