Daily Stock Market Research Report(Summary) 23-09-2022

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On the daily chart of the Nifty, price has break the trendline on the downside with strong red candle and RSI is also showing lack of momentum. Intraday basis lower low and lower high formation as been observed indicates bear has strengthen their power. 17166 will be the immediate support as per price structure. On the open interest front, the maximum oi is 17500CE on the upside, and  17000PE on the downside.

Among the sectorial indices,  all the major indices have ended on the negative note  out of which NiftyPSUBank(-4.03%)and NiftyMedia(-3.59%) were the top loser.


Top Traded –   

Best 5 –                    

Worst 5 – 

All Time High –

Index Spot Summary

Nifty Derivative Summary Expiry 29-09-2022

Highest OI18000CE/17500CE & 17000PE/16500PE

BankNifty SummaryExpiry 29-09-2022

Highest OI  – 41000CE/ 40500CE & 39500PE/ 38000PE

Stocks with Volume Breakout (2 times )

Add these stocks in watchlist for upcoming trading days

Stocks to watch for next week


Pattern breakout with decent volume on the weekly chart and RSI is also showing strength in the momentum

Above 1400 looks good for the week  


On the daily chart, stock is in higher high formation & closed above 20EMA

Stock has reversed from the base support (horizontal line) with strong green candle looks good above 2532 and weak below 2265.

Support : 022 35018383 Whatsapp : 9773254722 / 9730441717

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It does not constitute an offer to sell nor a solicitation of an offer to buy any security, which may be referenced upon the site.

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