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

 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

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 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