Market Outlook :
(4 May )
US market 238 Points Up
Asian market Flat
SGX NIFTY 25 points Down
Trend on SGXNIFTY indicates a Flat Opening for index.
Market view : @A1GuruKulam
Market would open Flat.
As yesterday in morning outlook we mentioned bounce back from lower level and market fully recovered.
This is why happened because market is in bullish zone and if it wants to fail this breakout it has to attempt 3-4 times but if market is strong then it will bounce back from lower level.
Still bear will try again for it but
Untill support level would not break it will bounce again.
Nifty and Bank nifty would enter in negative zone once it close below 14550 and 31900 respectively.
Intraday level can help to take a trade in intra day set up.
Nifty : Bullish
Banknifty : Bullish
Nifty levels
Today's resistance
14775-14840
Today's support
14622-14550
Bank nifty levels
Today's resistance
32824-33260
Today's support
32520-31780
Market outlook view is just for educational purpose.
Disclaimer Note : all opinions views shared on any social media channels or digital platforms of A1Gurukulam are personal and are for educational and motivational purpose only. Trading and investing involves risk of capital so Kindly consult your financial planner or advisor before taking decision.
If you feel any content is improper or needs any change so kindly
Write us @A1GuruKulamteam
Join us on telegram @A1GuruKulam
Market would open Flat.
As yesterday in morning outlook we mentioned bounce back from lower level and market fully recovered.
This is why happened because market is in bullish zone and if it wants to fail this breakout it has to attempt 3-4 times but if market is strong then it will bounce back from lower level.
Still bear will try again for it but
Untill support level would not break it will bounce again.
Nifty and Bank nifty would enter in negative zone once it close below 14550 and 31900 respectively.
Intraday level can help to take a trade in intra day set up.
Nifty : Bullish
Banknifty : Bullish
Nifty levels
Today's resistance
14775-14840
Today's support
14622-14550
Bank nifty levels
Today's resistance
32824-33260
Today's support
32520-31780
Market outlook view is just for educational purpose.
Disclaimer Note : all opinions views shared on any social media channels or digital platforms of A1Gurukulam are personal and are for educational and motivational purpose only. Trading and investing involves risk of capital so Kindly consult your financial planner or advisor before taking decision.
If you feel any content is improper or needs any change so kindly
Write us @A1GuruKulamteam
Join us on telegram @A1Gurukulam
By: via @AlliesFin Serve Stock Market
