STOCKMARKET VIEW

STOCKMARKET VIEW

Stockmarket view provides daily stock market setup also trading ideas on banknifty and nifty,stock picks, and portfolio tracker on picktrades

Before we go ahead for stock market view let’s discuss today’s scenario 04/09/2022

Evenmore we  discussed #Banknifty future has the RESISTANCE at 38500  & SUPPORT of 38000  #Nifty future has the resistance of 17000 & support of 16800. our view was to BUY on the breaking of RESISTANCE goes well and we made good bucks.

 

 

 

Further more Stock market view trend change level in banknifty is (38387) & nifty is (16976) here we did not activate the level…

  Moreover, today we did not activated the USDINR BUY call & activated the stock call of lupin and met target also made good bucks in stock also.           

 

Firstly Stock market view for trading date 06/10/2022 & also Chart of both index.

STOCKMARKET VIEW #NIFTY

Moreover Nifty Spot Levels

Buy Above @17280 Target 17310,17350,17400

Sell Below  @17180 Target 17150,17100,17050

 

 

* 17200 PUT is nevertheless Highest OI 1.38 lakh with strong support at 17200

* 17300 CALL nevertheless the highest OI 80k strong resistance at 17300

STOCKMARKET VIEW #Banknifty

Banknifty Spot Levels

Buy Above @39200 Target 39350,39500

Sell Below  @38800 Target 38659,38500

* 39000 PUT is nevertheless Highest OI 55 k strong support at 39000

* 39500 CALL is nevertheless the highest OI 71 k strong resistance 39500


Moreover good script t trade on Stock market view 06.10.2022  (ON TREND SIDE)

BUY SBIN 536 TARGET 540,545

 

Too Trend chaning level for 04.10.2022

 

#NIFTY 17243 FOR INTRADAY TRADER

#BANKNIFTY 39166 FOR INTRADAY TRADER

IMPORTANT NOTE

( Trend change with opening price if opening price of both index is below the levels then go for buy when level break vertically and vice versa for if opening price is higher than the mention levels price)

Firstlly Intraday time for reversal can be at 9:20/11:45/12:30/1:45/2:20 

Secondly The Option Table data indicates decent support at 17000 and reasonable resistance at 17500. There is total OI of 2.08 Lakh on the Call side and 54 Cores on the Put side, So, the activity is more on the PUT side, indicating option writers are in the Bullish zone

.Again FII’s Bought 1344,63 Crores and DII’s Bought 945,92 Cr in the cash segment.

USDINR closed at 81.8300 looking strong Buy at 81.8500 target 81.9200,82.0000

Finally Positional Traders Stay long till we are holding Trend Change Level 17000 for nifty & for banknifty 38700 and stay short below it. That will help you stay on the side of Institutions which has a greater risk-reward ratio.

We provide Trading and Investment ideas, strategy tips, news and market updates in front through SMS Alerts, Newsletters and chat rooms  PickTrades is the best trading tips provider in India. We provide free tips to our customer with profitable investment ideas daily in equity, commodities and currency markets. Our experts advice on up and down of market as well as provide intraday trading calls with proper stop loss so that customer’s profit increases. Our target is to provide maximum possible return from market to our customer by giving them right advice at right time wearing their investments.

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