Intraday study for Indian indices for 25th January 2023

Hi Good Morning

Yesterday we saw that the after hitting the resistance and the 18200 levels market comes down as the range play is come and shorts positions are start forming and the Us Market ended with some mixed range

for today i Apologized from you all for not to updating in the morning and not to giving the levels because of the because i am facing the technical issue of the electricity and the internet just open the laptop and saw the market just wanted to say that the market is in range and the lower end is at 17800 and we are very close to it as 17840 so it is the prefect level for market to bounce and reaches the 17950 and if the structure is corrected and return back to 18050 and sustain and will see the levels of 18150 also keep and eye

will meet on 27 with the detailed view and the levels

After looking the todays sell off i am confused that is there may be a news which will effect negative on market? or it is just the expire related swing as there is lots of position on 18100 put which starts unwinding and the rest put writer starts panic and cover their positions too

will see what will happen i will give you the levels for today be careful as the VIX up by 9.2%

Happy Republic Day to all

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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 giving any trade just wrote my views after the data reading what i think about the market sentiments. I am not SEBI Registered
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