Indian indices for 6th January 2023

Intraday study for Indian indices for 6th January 2023 by Harshit_Saxena on TradingView.com

Hi Good Morning

Yesterday we saw the selling in the indices after breaking the base we saw a swift down move in the indices and the major stocks hope you were safe and the approach of buying on dips is also correct and we closed above our bases in both the indices
The US market was correct last night more then a percent and the SGNIFTY is showing the Flat to negative opening the major base is remain unchanged
Now we talk about the NIFTY And Banknifty

Nifty:--
The support is at 17777 which is the major support any dips towards this level are buyable for short term as we are entering in result season the intraday levels 17950-17975 is the support with the resistance of 18100-18177 and rest levels remains unchanged

Banknifty:--
The support is at 42100-42300 and the major level is 41800 any dips towards these levels are buyable with the resistance of 42800-43000-43125

Sector and Stock Specific ( SSS ):--
The major sector with the corrected leaders are looking good for the positional and short term as we are heading towards the result season with the consolidation position and after cooling from upper levels a minor positive results will take the stocks to the 4-5 % upmove

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 3rd January 2023

Intraday study for Indian indices for 3rd January 2023 by Harshit_Saxena on TradingView.com

Hi Good Morning
yesterday we saw that the banknifty hits its perfect resistance and the nifty is also in the range and the US market is closed on yesterday so we have no ques from there but our market shows that is in buy on dips and sell on resistance as we don't have the global ques
the SGNIFTY is indicating the gapdown opening and we have the support near and the approach is buy on dips
We have result season near by and the INFY give its results first so we have to keep in mind that we have internal triggers to follow
Now we talk about the Nifty and Banknifty

Nifty:--
The support is at 18025-18050-18100 with the resistance of 18232-18277-18311

Banknifty:--
The support is at 42800-43100 with the resistance of 43500-43650-43800

Sector and Stocks:--
The Major sectors will perform along with the railway and PSU's buying on dips is advisable and be with the sector leaders at first

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 7th December 2022

https://www.tradingview.com/i/ie2MMIG5/

Intraday study for Indian indices for 7th December 2022 by Harshit_Saxena on TradingView.com

we saw yesterday the expire of FinNifty and today the RBI policy is to be allowance at 10AM and then we will see the move in the market till now the markets will sideways and also indices tested the support levels yesterday so the base is strong and till it holds the market will move up and buying on dips for up move will be favorable In Global market Dow's showing the correction as the rally is the outcome of short covering and they are waiting fir the Fed policy now will talk about the levels of nifty and banknifty

Nifty:--
The support is at 158550-18575 and the 1st support is at 18600-18625 with the resistance of 18725-18777-18811

Banknifty:--
The support of banknifty is at 42800-43100 with the resistance of 43500-43800 and all the levels and study is same as yesterday

Sector and Stocks:--
BANKS, PSUBANKS, PVTBANKS, CNXIT has it support at 30000 along with cement, auto, capital goods, fertilizer else will highlight after the policy because we will get the right momentum after this


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