Nifty 50 IndexLong
Intraday study for Indian indices for 9th February 2023
Hi
Good Morning
yesterday we saw the policy hike of 25bps and after that the market rally and hits the fresh high and then consolidate within that levels throughout the day as we have a expire today
and for today the levels are very clear as we have a weekly expire today
The US market falls as the google fall around 10% so we saw the deep cuts in the Nasdaq and in Dow
The SGXNIFTY is showing the gapup
The INDIAVIX is cool down at the level of 13
Now we talk about the Nifty and Banknifty:--
NIFTY:--
The support is at 17777-171811-17750 with the resistance of 17888-17925-18025
BANKNIFTY:--
The support is at 41250-41170 with the resistance of 41650-41800
Sector and Stock Specific(SSS):--
Capital good , Banks as having expire today and pharma may perform be with the big 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 Morning
yesterday we saw the policy hike of 25bps and after that the market rally and hits the fresh high and then consolidate within that levels throughout the day as we have a expire today
and for today the levels are very clear as we have a weekly expire today
The US market falls as the google fall around 10% so we saw the deep cuts in the Nasdaq and in Dow
The SGXNIFTY is showing the gapup
The INDIAVIX is cool down at the level of 13
Now we talk about the Nifty and Banknifty:--
NIFTY:--
The support is at 17777-171811-17750 with the resistance of 17888-17925-18025
BANKNIFTY:--
The support is at 41250-41170 with the resistance of 41650-41800
Sector and Stock Specific(SSS):--
Capital good , Banks as having expire today and pharma may perform be with the big 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
Disclaimer
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