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Intraday study for Indian indices for 25th April 2023

 

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

Intraday study for Indian indices for 24th April 2023

Intraday study for Indian indices for 24th April 2023

Intraday study for Indian indices for 24th April 2023 by Harshit_Saxena on TradingView.com


Hi


Good Afternoon
I haven't update for Friday as we all know about the results of big name of industry is coming after the closing and before the opening so the market wait for the big ques and the results are better than expectations so the gapup may be seen


As the position of the indicators are not that bad so after the gap up it is advice to book profits
The US market is also waiting for the big names results this week so the volatility may seen in global front
The INDIAVIX is positioned good


Now we talk about the Nifty and Banknifty:--


Nifty:--

The support is at 17530-17495 with the resistance of 17717-17777-17825 big results may impact the range


Banknifty:--

the support is at 41800-42100 with the resistance of 42550-42650-42800


Sector and Stock Specific ( SSS ):--

the major names are looking good as we see good rally and it is advised to book profits after or before the results as we are already up many points

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 30th January 2023 || Share bazar ki chaal || support resistance levels

Intraday study for Indian indices for 30th January 2023 by Harshit_Saxena on TradingView.com

|| Share bazar ki chaal || support resistance levels 

Hi Good Morning

On Friday we se that fall continues as the prediction of News is correct and the Nifty takes the ultimate support of 17528 which i mentioned you in the previous quick levels study and on the same day which the fall continues
The US market closes in green from the red and closes in good structure
The INDIAVIX IS moved up very rapidly which is good for options buyers but be cautious

The reply form the company may triggers the short covering and the data suggest that short covering has to come because there are more shorts in the market


Now we talk about the Nifty and Banknifty


Nifty:--

The support is at the level of 17528 with the range of 17450-17550 with the resistance of 17811-17851

The short covering has to come from the support zone

Banknifty:--

The support id placed at 39800-40100 as the structure is strong as the leader is strong and lead the short covering with the resistance of 40850-41100-41500
The range is more because of the increasing VIX and good structure and the chances of short covering is more

Sector and Stock Specific( SSS ):--

The major sector is looking good as the budget ahead and the indices corrected and the sector leaders doing good so be with the mentioned sector stocks and the Adani Group has the big Short covering along with the banks and capital goods keep on radar

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 17th May 2023

  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 r...