In the last session i have highlighted the resistances and the market reverse from that point only and the Flag i was talking about that bank goes to the consolidation and the flag formation a bit long so you have the levels of buying and booking profit after seeing my charts so do follow that way the US market shows the upmove in the closing in Friday session and today futures are not trading as the New year weekend
Now we talk about the Nifty and Banknifty
Nifty:-- the support is at 18025-18075 range with the resistance is at 18177-18232 after clearing that level will discuss the more
Banknifty:-- The support is at 42650-42800 with the resistance of 43400-43650 for more see the last study
Sector and Stocks:-- The major sectors looks good for buying on dips along the sector leaders for short term market give the opportunity for accumulation and if one want to do trading so go for the deep in the option and the futures only
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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