Intraday study for Indian indices for 7th june 2023
Hi
Good Morning
the us market is in good shape and hits the new high and also the nifty is around 1.5% to hits the all time high
we also have the expire tomorrow along with the RBI policy
the yesterday's session is about the consolidating
the axisbank hits the new high leading the banks
Now we talk about the Nifty and Banknifty:--
Nifty:--
the support is at 18500-18350 with the resistance near the all time high
Banknifty:--
the bank nifty may wait the levels of 43900-44100 support as we have a policy and after that we saw a huge swing
Sector and Stock Specific ( SSS ):--
i may go with the IT for the July series and banks for this because they are doing well
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
the us market is in good shape and hits the new high and also the nifty is around 1.5% to hits the all time high
we also have the expire tomorrow along with the RBI policy
the yesterday's session is about the consolidating
the axisbank hits the new high leading the banks
Now we talk about the Nifty and Banknifty:--
Nifty:--
the support is at 18500-18350 with the resistance near the all time high
Banknifty:--
the bank nifty may wait the levels of 43900-44100 support as we have a policy and after that we saw a huge swing
Sector and Stock Specific ( SSS ):--
i may go with the IT for the July series and banks for this because they are doing well
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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