Intraday study for Indian indices for 4th November 2022

Hi good Morning
yesterday the expire of the both the indices happens i the given range they do not broke our levels of support and give reversal from there and then we see they touched the higher end of the range and then for whole day they are in that range only we didn't have any expire related swing for that reason

So in the global markets the Dow's are in consolidation and are in range yesterday and now we may see the flat opening in the Nifty as per the SGXNIFTY is suggesting

So the 17975 range 18000 is act as a good support and bounce back level and the 18125 - 18177- 18225 is act as a resistance

the bank nifty the 40800-41100 is a good support and the 41300-41500-41800 is act as a resistance for the bank nifty

Now the stock and sector specific then the Bank nifty has the good streangth and the metals PSU Energy IT CAPITALGOODS looks good

Now the stocks the

#AXISBANK #HDFCBANK #HDFC #KOTAK #ICICI #L&T #INFY #HCLTECH #TECHM #TCS #KOTAK #SBIN #DLFand some others are look good keep following for the levels

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

註釋

SEE SBIN ALL TIME HIGH AND BANK NIFTY AFTER TOUCHING ITS BASE HEADED TOWARDS THE 2ND RESISTANCE

註釋

typically consolidation day the closing is sponsored by IT