Market Outlook for Nifty Spot on December 02, 2024
Morning Movement:
Likely to see an upward move in the morning hours.
A potential drop of around 300 points is anticipated later.
Key Levels to Watch:
Resistance:
Strong resistance at 24,330.
If this level is broken, Nifty spot could rise to 24,385, provided there is no gap opening on either side.
Support:
On the downside, support levels are at 23,947 and 23,831.
Overall Sentiment:
The Nifty is expected to close on a bearish note.
Disclaimer:
These views are for educational purposes only.
Please use your own technical analysis for entry and exit decisions.
Always trade with a stop-loss to manage risks effectively.
Morning Movement:
Likely to see an upward move in the morning hours.
A potential drop of around 300 points is anticipated later.
Key Levels to Watch:
Resistance:
Strong resistance at 24,330.
If this level is broken, Nifty spot could rise to 24,385, provided there is no gap opening on either side.
Support:
On the downside, support levels are at 23,947 and 23,831.
Overall Sentiment:
The Nifty is expected to close on a bearish note.
Disclaimer:
These views are for educational purposes only.
Please use your own technical analysis for entry and exit decisions.
Always trade with a stop-loss to manage risks effectively.
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.