Tuesday 2 March 2021

@AlliesFin Serve Stock Market's Post

Market Outlook :
(02 MARCH )


US market 604 Points Up
Asian market Positive

SGX NIFTY 80 points Up

Trend on SGXNIFTY indicates a Positive Opening for index.

Market view :

Market would open Positive.

The S&P 500 surged on Monday in its strongest one-day gain since June as bond markets calmed after a month-long selloff, while another COVID-19 vaccine getting U.S. approval and fiscal stimulus bolstered expectations of a swift economic recovery.

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
14840-14930
Today's support
14790-14720

Bank nifty levels

Today's resistance
35640-35930
Today's support
35140-34890

Market outlook view is just for educational purpose.

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By: via @AlliesFin Serve Stock Market

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