Hi Good Morning
As we see yesterday we see a good recovery from the lower levels and the indices respect their support levels so the resistance is at 17690-17717 once clear this this level then we see a good pside in nifty
the banknifty looks good for upside BUT YESTERDAY THE ONE CHANGE IS OBSERVE THAT the nifty has tthe streangth then bank nifty so keep an eye on thatalso
if we talk about stock / sector then Axis bank., Hdfc bank , USl , ITC , cement ,FMCG Auto looks good for up side as we see the yesterday data
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 SEBI Registered
As we see yesterday we see a good recovery from the lower levels and the indices respect their support levels so the resistance is at 17690-17717 once clear this this level then we see a good pside in nifty
the banknifty looks good for upside BUT YESTERDAY THE ONE CHANGE IS OBSERVE THAT the nifty has tthe streangth then bank nifty so keep an eye on thatalso
if we talk about stock / sector then Axis bank., Hdfc bank , USl , ITC , cement ,FMCG Auto looks good for up side as we see the yesterday data
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 SEBI Registered
Note
see the it mentioned 2 days back the HCL tech and the INFY see the move and previous studyNote
i take my position n cnxFinnifty @18600-18800 Ce looks good and also dont forget to USl Axis bank
Note
if we cross 18850 in CNXFINANCE then we see the 18925 there we will book profitNote
keep an eye on AXIS Bank 830 CE for 2-3 days Positionally CMP=8Note
now the time for KOTAK M. BankNote
USL...USL...USL... ONLY USL....Mentioning its since 804 levels refer previous studies share with your friends and family
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.