Market Outlook :
(26 FEB )
US market 559 Points Down
Asian market Positive
SGX NIFTY 275 points Down
Trend on SGXNIFTY indicates a Gap Down Opening for index.
Market view :
Market would open Negative.
We mentioned that because of NSE glitch , we have seen unexpected rally.
Today if closing below our old reversal level 14900 and 35100 then we will got the confirmation for trend reversal on chart.
Market would enter into a Positive zone only if it closes above 15050 for Nifty and 36660 for Banknifty.
Intraday level can help to take a trade in intra day set up.
Nifty : Bearish
Banknifty : Bearish
Nifty levels
Today's resistance
15175-15230
Today's support
15050-14900
Bank nifty levels
Today's resistance
36876-37020
Today's support
36308-35555
Market outlook view is just for educational purpose.
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By: via @AlliesFin Serve Stock Market
