Intraday study for Indian indices for 4th January 2022

Intraday study for Indian indices for 4th January 2022 by Harshit_Saxena on TradingView.com

Hi Good Morning
Yesterday market took the perfect resistance at given levels and didn't broke that level and the US market Futures corrected around 300 points from the high and ended with the red and Now the SGXNIFTY is showing the gapdown opening

Now we talk about the Nifty and Banknifty

Nifty:--
The support of Nifty is at 18050-18100 and the 2nd base is at 18025-18075 with the resistance of 18244-18277-18311-18344 levels

Banknifty:--
The support of banknifty is at 43100-43300 and the 2nd base is at 4300-42800 with the resistance of 43500-43650-43800

Sector and tock specific: --
The major sector specific idea suggests that the buying on dips and be with the sector leader maybe be the IT show some down move at the initial time of market as the Nasdaq correct more and then we may se a recovery from lower levels

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 2nd January 2023

Intraday study for Indian indices for 2nd January 2023 by Harshit_Saxena on TradingView.com

Hi Good Morning

New Year!!!

In the last session i have highlighted the resistances and the market reverse from that point only and the Flag i was talking about that bank goes to the consolidation and the flag formation a bit long so you have the levels of buying and booking profit after seeing my charts so do follow that way the US market shows the upmove in the closing in Friday session and today futures are not trading as the New year weekend

Now we talk about the Nifty and Banknifty

Nifty:--
the support is at 18025-18075 range with the resistance is at 18177-18232 after clearing that level will discuss the more

Banknifty:--
The support is at 42650-42800 with the resistance of 43400-43650 for more see the last study

Sector and Stocks:--
The major sectors looks good for buying on dips along the sector leaders for short term market give the opportunity for accumulation and if one want to do trading so go for the deep in the option and the futures only

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