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 04/10/2022
Evenmore we discussed #Banknifty future has the RESISTANCE at 41500 & SUPPORT of 41000 #Nifty future has the RESISTANCE of 17800 & SUPPORT of 17700. our view was to BUY on the breaking of SRESISTANCE goes well and we made good bucks. Further more Stock market view trend change level in banknifty is (41520) & nifty is (18230) here we did activate the level & made good bucks here also… Moreover, today we did not activated the USDINR SELL call moreover we did activated stock call of AXIS .
Firstly Stock market view for trading date 14/11/2022 & also Chart of both index
Moreover Nifty Spot Levels
Buy Above @18360 Target 18400,18450,18500
Sell Below @18260 Target 18210,18150,18150
* 18300 PUT is nevertheless Highest OI 1.17 lakh with strong support at 18300
* 18400 CALL nevertheless the highest OI 64k strong resistance at 18300
Banknifty Spot Levels
Buy Above @42300 Target 42500,42700
Sell Below @42050 Target 41900,41700
* 42000 PUT is nevertheless Highest OI 1.22 lakh strong support at 42000
* 42500 CALL is nevertheless the highest OI 48k strong resistance 42500
Too Trend chaning level for 14.11.2022
#NIFTY 18379 FOR INTRADAY TRADER
#BANKNIFTY 42261 FOR INTRADAY TRADER
( 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 17300 and reasonable resistance at 18000. 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 3958.23 Crores and DII’s BUY 615.44 Cr in the cash segment.
USDINR closed at 80.8750 looking weak Sell at 80.6750 target 80.5500 ,81.4000
Finally Positional Traders Stay long till we are holding Trend Change Level 18200 for nifty & for banknifty 41800 and stay short below it. That will help you stay on the side of Institutions which has a greater risk-reward ratio.
Moreover good script t trade on Stock market view 08.11.2022 (ON TREND SIDE)
BUY INFY 1575 TARGET 1590,1610
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.
Absolutely FREE & HIGHEST accuracy in NIFTY & BANKNIFTY options and Swing Trades. Then JOIN FAST 👇 https://t.me/+acLkBx1zFwo1Mzc1
Moreover to join my premium service for free open a demat account under my reference on PROFITMART below is the link of A/C opening https://kyc.profitmart.info:8443/onboard.aspx?type=2&branch=A683&fr=OtWzc7VHWSv85IMMOsID5Q%3D%3D