Market Outlook :
(15 Jan )
US market -69 points Down
Asian market Negative
SGX NIFTY 60 points Down
Trend on SGXNIFTY indicates a Negative Opening for index.
Market view :
Market would open Negative.
Technically, Market is in the Positive zone.
Nifty hits almost all the Technical targets.Now it will be in consolidation zone or sharp fall.
There is 300-400 points fall due in Nifty.
Today if nifty will close below 14500 we can see down fall to 14100-13900.
Market would enter into a negative zone only if it closes below 14500 levels for Nifty and 31890 levels for BankNifty. Traders should watch levels of 14500 for Nifty 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
14635-14685
Today's support
14570-14520
Bank nifty levels
Today's resistance
32809-33120
Today's support
32300-32030
Market outlook view is just for educational purpose.
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By: via @AlliesFin Serve Stock Market
