Hi Good Morning
yesterday market hit the resistance level of 18677 which i give you in yesterday idea and then we saw a profit booking in the market the US market are in consolidation and the #SGXNIFTY in yesterday night shows the gapdown opening but right now it is showing on a positive note and we may see another high today and below i will discussed the level with you so let's back to the data point of view of nifty and banknifty
#Nifty:---
The support is at 1850 with the 18550-18525 act as a range and the resistance is at 18677-18711 and the 18677-18690 is also the small range of resistance from which the market may stop and give the upmove when sustain above the 18720 all the levels are discussed is of spot levels
#Banknifty:---
The support of #banknifty is at 42800-43000 with the small resistance at 43300-43500 and the 43800 above which we may see the higher levels because of short covering
Sector and Stock specific view then the :---
#CNXIT , #BANKNIFTY , #PSU , #PSUBANKNIFTY, #ITBEES, #PSUBANK, #FINANCE, #RELTY,# FMCG , #MIDCAPIT, #MEDIA, #PHARMA , #FERTILIZER
#USL , #NIIT, #HCLTECH , #TECHM , #INFY , #TCS , #UBL , #L&T, #VOLTAS AND THE PREVIOUSLY MENTIONED PICS FROM THE GIVEN SECTOR ALONG THE SECTOR LEADER ADD REST I WILL HIGHLIGHTED YOU IN THE SESSION TODAY I MENTIONED ONE ETF IN WHICH YOU CAN LOOK FOR HAVING THE RETURN OF 10-15% IN NEAR TERM ABOUT IN 1-2 MONTH KEEP ON WATCH
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