Intraday study for Indian indices for 5th May 2023
Hi
Good noon
I thought today is the Holiday as our office is closed on the occasion of buddha Purnima that's why i haven't upload the view and also i thought only 3 session of the week
SO as we say the market moves up and reaches the resistance levels and the major stocks also at their peak for short term rally
today we saw the reaction of report on HDFC Twins
The global markets are down previous 2 sessions
The Vix is at 11
Now we talk about the Nifty and Banknifty:--
Nifty:--
The support is at 18000-17975 with the resistance of 18250-18311
Banknifty:--
the support is at 42800 with the resistance of 43650
Sector and Stock Specific ( SSS ):--
be with the good result leaders and with the sessional stocks
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 noon
I thought today is the Holiday as our office is closed on the occasion of buddha Purnima that's why i haven't upload the view and also i thought only 3 session of the week
SO as we say the market moves up and reaches the resistance levels and the major stocks also at their peak for short term rally
today we saw the reaction of report on HDFC Twins
The global markets are down previous 2 sessions
The Vix is at 11
Now we talk about the Nifty and Banknifty:--
Nifty:--
The support is at 18000-17975 with the resistance of 18250-18311
Banknifty:--
the support is at 42800 with the resistance of 43650
Sector and Stock Specific ( SSS ):--
be with the good result leaders and with the sessional stocks
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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