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 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