Harshit_Saxena

Intraday study for Indian indices for 22nd March 2023

Long
NSE:NIFTY   Nifty 50 Index
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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