Market Outlook :
(11 May 21)
US market 34 Points Down
Asian market Negative
SGX NIFTY 190 points Down
Trend on SGXNIFTY indicates a Deep Negative Opening for index.
Market view : @A1GuruKulam
Market would open Negative.
Market has failed to cross 33400 and 15000.
Now from today buy on dips avoid as market returns from falling trend line resistance.
New bull run restart again above 15000 and 33400 , till that market would be in sideway or downside.
Levels matters. Just check the levels and use it smartly with less risk and bigger rewards.
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 : Sideway
Banknifty : Sideway
Nifty levels
Today's resistance
15000-15099-15135
Today's support
14800-14725-14645
Bank nifty levels
Today's resistance
33410-33640-33990
Today's support
33250-32930-32560
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 Negative.
Market has failed to cross 33400 and 15000.
Now from today buy on dips avoid as market returns from falling trend line resistance.
New bull run restart again above 15000 and 33400 , till that market would be in sideway or downside.
Levels matters. Just check the levels and use it smartly with less risk and bigger rewards.
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 : Sideway
Banknifty : Sideway
Nifty levels
Today's resistance
15000-15099-15135
Today's support
14800-14725-14645
Bank nifty levels
Today's resistance
33410-33640-33990
Today's support
33250-32930-32560
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
