Intraday study for Indian indices for 13th February 2023

Hi Good Morning

On Friday market gives the profit booking from he highs and then consolidate throughout day
The Nasdaq shows some pain and closes below the 10DMA but the DOW closed in green
The SGXNIFTY Showing the flattish to negative opening
the INDIA VIX is about 13

Now we talk about the NIFY and BANKNIFTY:--

The Levels of NIFTY and BANKNIFTY Didn't change and all the levels are same

I have to go for some important work that is why i am unable to update in detail but the important levels are the days high of all the stocks and INDICES they act as resistances and if crosses and sustain above these levels then this is a new breakout and will see furthered 1% and more upside from there

If you want the levels in detail the refer the previous study

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
Chart PatternsTechnical IndicatorsTrend Analysis

Also on:

Related publications

Disclaimer