Intraday study for Indian indices foe 11th October 2022
HI good morning
yesterday TCS posted its quarterly results and Q2 and the numbers are better than the estimated by the big brokerages and they also said that the attrition is peak out and in all way the number looks good So i am bullish on CNXIT is looking good and maintaining my strong view on it and for today i also consider the buy on the INFY and the HCL tech apart with this all IT is looking good So buy the dips as it shows the good bounce The INFY has the most strong data as the yesterday close and all da there is a major long buildup along with some short buildup so it is in favor in bulls the up and down move both trigger the short covering in the market look at the options trade
As we talk about the nifty the 17100is very strong support along with 17200 so we may see a dip towards 17165-17180 which is a good bounce back level and the resistance is at 17315 and then 17425
if we talk abut bout the bank nifty then the 38800-39000 is a good support range then the 39300-39500-39800 is the string resistance
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
yesterday TCS posted its quarterly results and Q2 and the numbers are better than the estimated by the big brokerages and they also said that the attrition is peak out and in all way the number looks good So i am bullish on CNXIT is looking good and maintaining my strong view on it and for today i also consider the buy on the INFY and the HCL tech apart with this all IT is looking good So buy the dips as it shows the good bounce The INFY has the most strong data as the yesterday close and all da there is a major long buildup along with some short buildup so it is in favor in bulls the up and down move both trigger the short covering in the market look at the options trade
As we talk about the nifty the 17100is very strong support along with 17200 so we may see a dip towards 17165-17180 which is a good bounce back level and the resistance is at 17315 and then 17425
if we talk abut bout the bank nifty then the 38800-39000 is a good support range then the 39300-39500-39800 is the string resistance
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
Yorum:
those who will say tat IT will nor sustain and see the gap down it doesn't have strength now see the CNXIT
Yorum:
CNXIT returning from over bought zone in my time frame charts
and as the INFY crosses 1464 in futures then we see a sharp up move in it be quick it is the opportunity
and as the INFY crosses 1464 in futures then we see a sharp up move in it be quick it is the opportunity
Yorum:
17139 is for nifty
Yorum:
data is negative may broke 17100 and go towards 17025-50 levels for support
