Good morning, friends! Here are the directions for April 3rd: The global market trend is bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a gap-down start, as suggested by Giftnifty, showing a -130 point.
Nifty - structurally, there have been no changes compared to the previous session. It continues the consolidation structure. Today, Giftnifty is indicating a little bit of a long gap-down start. So, if the gap-down sustains, the market may follow the direction with minor pullbacks, meaning a correction may occur. However, even if it opens with a long gap down, if it finds support around the fib level 38%, then the range market might continue.
Nifty - structurally, there have been no changes compared to the previous session. It continues the consolidation structure. Today, Giftnifty is indicating a little bit of a long gap-down start. So, if the gap-down sustains, the market may follow the direction with minor pullbacks, meaning a correction may occur. However, even if it opens with a long gap down, if it finds support around the fib level 38%, then the range market might continue.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.