Market Outlook :
(4 Nov )
US market +554 points
Asian market Positive
SGX NIFTY 30 points Down
Trend on SGXNIFTY indicates a Flat Opening for index.
Market view :
Market would open Flat.
US market cheering election day yesterday.tough fight between trump and biden.
Who will win ? Picture will be clear by today 11Am.
Bank nifty nifty has crossed its resistance level and entered in new era , while nifty is still struggling. Above 12000 nifty can join the party.
As we said bias was weak but nifty has not breached and closed below 11600 level.
So every day we mentioned avoid short selling in overnight.
Banknifty yesterday closed above 25200 , If today it able to close again 25200 then Nifty will also cross 12000 soon.
Nifty : sideway
Banknifty : Bullish
Nifty levels
Today's resistance
11920-11999
Today's support
11745-11600
Bank nifty levels
Today's resistance
25770-26020
Today's support
25450-25070
Market outlook view is just for educational purpose.
By: via @AlliesFin Serve Stock Market
