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
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
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