Hi Good Morning Today we closes after hitting near the resistance and the Banknifty goes higher as the Expire of FINNIFTY so the short covering comes in the market in closing session and market took support at put base and Psychological support of 17000 The US market is in is UP by 150 points The SGXNIFTY is also in good frame The India VIX is also looking good
Now we talk about the Nifty and Banknifty:--
Nifty:-- The support of nifty is at the level of 17000-16773 with the resistance of 17139-17225
Banknifty:-- The support of banknifty is at 39500-39300 with the resistance of 40100-40300
Sector and Stock Specific ( SSS ):-- Market is in good shape for buying big names for long term
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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