Market Outlook :
(11 Dec )
US market -69 points
Asian market Negative
SGX NIFTY 17 points up
Trend on SGXNIFTY indicates a Flat Opening for index.
Market view :
Market would open Flat.
Technically, Market is still in the positive zone.
We have seen intra day short covering as per expectation.
Yesterday we advised to not short sell if market goes down and buy on dips.
Today we will see sideway movement in market.
Reversal Levels are change from today.
We can see reversal only below 13350( Nifty ) and 30100 (Banknifty )On closing basis.
Intraday level can help to take a trade in intra day set up.
Nifty : Bullish
Banknifty : Bullish
Nifty levels
Today's resistance
13570-13630
Today's support
13430-13350
Bank nifty levels
Today's resistance
30750-30960
Today's support
30100-29900
Market outlook view is just for educational purpose.
By: via @AlliesFin Serve Stock Market
