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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