Intraday study for Indian indices for 16th November 2022

Uppdaterad
Hi Good Morning
As yesterday we saw that the market gives the up move in the closing after consolidating all day and reach our levels of 18425 and also the Dow's are up but show some profit booking in the closing session ad also the Nasdaq behave the same and SGXNIFTY is showing the level of 18540 but yesterday in night it broke and start trading above 18500

Now we talk about the levels of nifty and bank nifty and then some sector and stocks pikes

NIFTY the base is around 18250-18275 and the strongest base is at 18100-18050 range and the resistance for today is at 18477-18525-18572 after which we may see the new high of the Nifty

BANKNIFTY the banknifty again hit its new high yesterday and the support come at 41100and the strongest support is at 41800-42100 range and the resistance is at 42800 with a small resistance of 42500 and then we may see the levels of 43050

Now we talk about the sector and stocks

so AUTO, ENERGY, BANKNIFTY, FINANCE,CNXIT, CEMENT LOOKS GOOD

STOCKS ARE ALONG WITH THE PREVIOUS MENTIONED INFY, WIPRO, TEHM, HCLTECH, TCS, TYRES, HEROMOTO, L&T, GODREJPROP, EXIDE, LIC, LTI, COAL, BPCL, ONGC, IGL, DELTA, GUJGAS, DEEPAK
We see the new 52 week high of nifty and all tie high if banknifty yesterday and the good reversal in banks and it along with realty

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 SEBI Registered
Kommentera
see kotakbank highlighted yesterday
Kommentera
FMCG stocks looks god for intraday upside from these levels
Kommentera
look at ICICIGI
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Asian paints and L&T for up side 3080 and 2000
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i have shortlisted the stocks for tomorrow will upload it at 9:07 AM
Chart PatternsTechnical IndicatorsTrend Analysis
Harshit_Saxena

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