Intraday study for Indian indices for 21 December 2022 by Harshit_Saxena on TradingView.com

Hi Good Morning
from yesterday i got stuck in some very bad work in a very bad place which directly effect me meatily and physically also didn't have much time to do the major analysis
but the bases are

Nifty:--
The support is 18200-18275 with the resistance of 18467-18511
Banknifty:--
The support is at 43100-42800 and the resistance is at 43500

the current selling is due to the covid will old the base of 18150 in Nifty and 42500-42300 of Banknifty

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 20th December 2022

 

Intraday study for Indian indices for 20th December 2022 by Harshit_Saxena on TradingView.com

Hi Good Morning
Yesterday the market give the upmove from he base level and reaches to the resistance levels and closed but then as the US market opens up the Nasdaq shows the Deep cuts and also the Dow's Shows the Half% cut and the SGXNIFTY is indicating the Gapdown opening around 80-100 points
The action From the Global market is missing because of the Yearend and merry Christmas holiday so they are in holiday mood and Not actively participate
Now we talk about the Nifty and Banknifty

Nifty:--
The base is at 18225-18275 with the resistance of 18425-18461-18511

Banknifty:--
The base is at 43100-43300 with the resistance is at 43500-43650-43800

Sector and Stocks:--
AUTO, PVTBANKS, PSUBANKS, CAPITALGOOD, TELECOM, FINANCE, HDFCBANK , HDFC , AXISBANK , L&T, INDUSILBANK, CEAT, M&M

Today is the weekly expire of FINNIFTY so the day may be consolidate as the major finance name is in it and the closing led the move


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 19th December 2022

 

Intraday study for Indian indices for 19th December 2022 by Harshit_Saxena on TradingView.com

Hi Good Morning
The market broke the support of 18500 and we saw that after that market fall and reach the level till 18250 but where the major support is present, we will discuss this below but the US market the Nasdaq is Corrected less as compare to Dow's we have No NEWS flow in the market but the levels to react but the Dow's Corrected more than 1500 points Now we discuss about the Nifty and Bank Nifty

Nifty:--
The support is at 18175-18150 and the resistance is at 18375-18400

Banknifty:--
The support is at 43100-43000 with the resistance of 43650-43800

Sector and Stocks :--
I Like only 4 stocks on the up side and i.e. Axisbank , Indusilbank, HDFCBANK , L&T apart that i don't like any in the technical wise on my charts

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