Hi Good Morning
Yesterday we saw good consolidation before the RBI policy and the FINNIFTY weekly expire and we close good as Nifty near 17800
The US markets also consolidate and ended at minor red ticks
The INDIA VIX is remain constant
The SGXNIFTY is showing the gapup
Now we talk about the NIFTY and Banknifty:--
NIFTY:--
The support is around the 17675-17750 with the resistance of 17811-17825-17877
BANKNIFTY:--
The support is around 41100-40800 with the resistance at 41500-41650-41800 if crosses 41850 then huge short covering will seen
Sector and Stock Specific(SSS):--
The major sectors and previous mentioned looks good found it in previous studies
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 we saw good consolidation before the RBI policy and the FINNIFTY weekly expire and we close good as Nifty near 17800
The US markets also consolidate and ended at minor red ticks
The INDIA VIX is remain constant
The SGXNIFTY is showing the gapup
Now we talk about the NIFTY and Banknifty:--
NIFTY:--
The support is around the 17675-17750 with the resistance of 17811-17825-17877
BANKNIFTY:--
The support is around 41100-40800 with the resistance at 41500-41650-41800 if crosses 41850 then huge short covering will seen
Sector and Stock Specific(SSS):--
The major sectors and previous mentioned looks good found it in previous studies
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
