Intraday study for Indian indices for 23rd March 2023
Hi
Good Morning
Today we saw that the market opens at high and fall from it then we saw a good short covering and market comes back again at the level of 17150 as we have a expire tomorrow
Right now the down are 100 points down
The SGXNIFTY is consider to be flat
The INDIA VIX is also good
Now we talk about the Nifty and Banknifty:--
Nifty:--
The support of bank nifty is at 16950-17025 as we have put concentration at 17000 and the 17225 is a resistance so overall the range is same
Banknifty:--
The data of banknifty is also the same we have seen the today's high is of 40084 which is near our resistance
Sector and Stock Specific ( SSS ):--
The large caps may perform well as we have a expire tomorrow and this may happens in closing session as the day might he range bound as the data is suggesting
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
Good Morning
Today we saw that the market opens at high and fall from it then we saw a good short covering and market comes back again at the level of 17150 as we have a expire tomorrow
Right now the down are 100 points down
The SGXNIFTY is consider to be flat
The INDIA VIX is also good
Now we talk about the Nifty and Banknifty:--
Nifty:--
The support of bank nifty is at 16950-17025 as we have put concentration at 17000 and the 17225 is a resistance so overall the range is same
Banknifty:--
The data of banknifty is also the same we have seen the today's high is of 40084 which is near our resistance
Sector and Stock Specific ( SSS ):--
The large caps may perform well as we have a expire tomorrow and this may happens in closing session as the day might he range bound as the data is suggesting
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
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