Hi Good Morning
Yesterday was the high volatility as mentioned and the whole day belongs like this and the end of the day belongs to the short covering from the FINNIFTY
The US market was also in consolidation and there is a divergence in Nasdaq and Dow's as Dow was down about the 390 points and the Nasdaq was up and ended in green
The SGXNIFTY indicated the flattish opening
The INDIAVIX cool down
Now we talk about the Nifty and Banknifty
Nifty:--
The support is around the 17950-18000 and the bigger range is 17777-18825---18050-18177 is the resistance
Banknifty:--
The support is at 41800-42000 with the resistance of 42450-42650-42800
Sector and Stock Specific(SSS):--
The major sector and the budget related themes will run fast as the L&T from capital goods from yesterday as i mentioned in my previous studies so be with the leaders of the sectors and ready for budget
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
Yesterday was the high volatility as mentioned and the whole day belongs like this and the end of the day belongs to the short covering from the FINNIFTY
The US market was also in consolidation and there is a divergence in Nasdaq and Dow's as Dow was down about the 390 points and the Nasdaq was up and ended in green
The SGXNIFTY indicated the flattish opening
The INDIAVIX cool down
Now we talk about the Nifty and Banknifty
Nifty:--
The support is around the 17950-18000 and the bigger range is 17777-18825---18050-18177 is the resistance
Banknifty:--
The support is at 41800-42000 with the resistance of 42450-42650-42800
Sector and Stock Specific(SSS):--
The major sector and the budget related themes will run fast as the L&T from capital goods from yesterday as i mentioned in my previous studies so be with the leaders of the sectors and ready for budget
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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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.