Intraday study for Indian indices for 2nd December 2022
Hi Good Morning
After the weekly expire on Yesterday the indices manage to hold the level of 18800 and closes above it and the banknifty holds the level of 43100 easily and in the US market they remain mixed with the downtick because of salesforce numbers and the SGXNIFTY is indicating the flattish to negative opening Now we talk about the levels of nifty and banknifty
Nifty:---
The support of nifty is at 18675-18725 and the 18775 is the small to mid level of bounce as the data is very low because of the new weekly expire and it's the vey first day of that with the resistance of 18875-18925-18991
Banknifty :--
The levels of banknifty remains unchanged as the support is at 42800-43100 and the resistance is at 43300-43500and 43800
may be the nifty and banknifty both touches the level of 19025-44110 together is just the estimation
The sector and stock Specific:--
the CNXIT, BANKNIFTY, AUTO, PHARMA ,MEDIA LOOKS GOOD ALONG WITH THE STOCKS AS
BAJAJFINANCE, BAJAJFINSERV, HDFC, BIOCON, MARUTI, AIRTEL, GODREJPROP,DLF, HCLTECH, TECHM, INFY, TCS, ALL CONTINUE IST UPWARK JEOURNY KEEP ON WATCH
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
After the weekly expire on Yesterday the indices manage to hold the level of 18800 and closes above it and the banknifty holds the level of 43100 easily and in the US market they remain mixed with the downtick because of salesforce numbers and the SGXNIFTY is indicating the flattish to negative opening Now we talk about the levels of nifty and banknifty
Nifty:---
The support of nifty is at 18675-18725 and the 18775 is the small to mid level of bounce as the data is very low because of the new weekly expire and it's the vey first day of that with the resistance of 18875-18925-18991
Banknifty :--
The levels of banknifty remains unchanged as the support is at 42800-43100 and the resistance is at 43300-43500and 43800
may be the nifty and banknifty both touches the level of 19025-44110 together is just the estimation
The sector and stock Specific:--
the CNXIT, BANKNIFTY, AUTO, PHARMA ,MEDIA LOOKS GOOD ALONG WITH THE STOCKS AS
BAJAJFINANCE, BAJAJFINSERV, HDFC, BIOCON, MARUTI, AIRTEL, GODREJPROP,DLF, HCLTECH, TECHM, INFY, TCS, ALL CONTINUE IST UPWARK JEOURNY KEEP ON WATCH
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
Commento:
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