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

Indian indices for 18th January 2023 || Share bazar ki chaal || support resistance levels

Intraday study for Indian indices for 18th January 2023 by Harshit_Saxena on TradingView.com

Indian indices for 18th January 2023 || Share bazar ki chaal || support resistance levels 

Hi Good Morning

Yesterday was the high volatility as mentioned and the whole day belongs like this and the end of the day belongs to the short covering from the FINNIFTY

The US market was also in consolidation and there is a divergence in Nasdaq and Dow's as Dow was down about the 390 points and the Nasdaq was up and ended in green.

The SGXNIFTY indicated the flattish opening.

The INDIAVIX cool down.

Now we talk about the Nifty and Banknifty

Nifty:--

The support is around the 17950-18000 and the bigger range is 17777-18825---18050-18177 is the resistance.

Banknifty:--

The support is at 41800-42000 with the resistance of 42450-42650-42800

Sector and Stock Specific( SSS ):--

The major sector and the budget related themes will run fast as the L&T from capital goods from yesterday as i mentioned in my previous studies so be with the leaders of the sectors and ready for budget.

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

Indian indices for 16th January 2023

Intraday study for Indian indices for 16th January 2023 by Harshit_Saxena on TradingView.com

Hi Good Morning

On Friday we have seen that the market touches the level of support which is 17777 and bounces from there towards the level of 17999 and then consolidate.
Then the same day Dow's return in positive from the huge negative as it also tested the support and come back up again along with the Nasdaq.
Now the SGXNIFTY showing the gap up.

Now we talk about the Nifty and Banknifty:-

Nifty:--

The well support is placed around the 17800 as it tested the all supports in previous session and the 200 DMA is at 17500 with the resistance of 18050-18111-18177

Banknifty:--

The support is placed at 42500-42300 with the resistance of 42800-42950-43132

Sector and Stock Specific ( SSS ):--

The major sector with sector leaders looks good mentioned in previous studies for intraday look at finance and banks as HDFC bank reports good result.

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 13th January 2023 || bazar ki chaal || support resistance levels

Intraday study for Indian indices for 13th January 2023 by Harshit_Saxena on TradingView.com

Bazar ki chaal -- support and resistance 

Hi Good Morning

Yesterday we saw that the market tested the support level and because of the expire we saw the short covering from the lower level and the formation is still the lower low on Daily basis
The US inflation comes as estimate and the market jumps and closes in positive The SGXNIFTY is showing the positive to flat opening the results of major it has its impact

Now we talk about the Nifty and Banknifty

Nifty:--

The support is placed at 17777-17717 with the major 200DMA around the 17500 and the resistance at 17925-18025 as the biggest range but the Day may belongs to consolidation with negative note

Banknifty:--

The support of banknifty is at 41500-41800-42000 with the resistance of 42300-42500-42650

Sector and Stock Specific ( SSS ):--

The Major sector looks good as the market is correcting and the time wise correction is also going as marker consolidate in the range so for the short term it is good opportunity for accumulation look at the sector leaders and other mentioned sectors in the previous studies


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 12th January 2023

Intraday study for Indian indices for 12th January 2023 by Harshit_Saxena on TradingView.com

Hi Good Morning

yesterday we saw a consolidative session within the range of 1st support and resistance and today is the weekly expire of the indices so may be the today is also the consolidative day as the support and resistances are unchanged but the data changes and based on that we will discuss the levels also tow big tech companies having results today
The US market are up because of the inflation data news and ends higher and the Nasdaq jumps around 1.8% The SGXNIFTY is showing the opening about 16 Points positive to flat

Now we talk about the Nifty and Banknifty

Nifty:--

The support is placed around the 17800-17777-17717 with the resistance of 18000-18050-18100

Banknifty:--

The support is placed around the 41800-41500 with the resistance of 42300-42650-42800

Sector and Stock Specific( SSS ):--

The Banks looks good as they are correcting before the results so look good for accumulation and also the data wise the banknifty is closed above 42000 so it is better placed and also the railway, capital goods along the major sector with the leaders look 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