Good morning, friends! Here are the directions for April 23rd:
The global market trend is moderately bullish, supported by the Dow Jones, while our local market sentiment also indicates a moderately bullish trend. It might open with a gap-up start, as suggested by GiftNifty, showing a +30 point increase.
Nifty experienced a minor pullback with some consolidation in the last session. There have been no changes in the previous sentiment. GiftNifty suggests a minor gap-up start, so the market may open positively; after that, if it sustains, we can expect a rally continuation with minor consolidation, targeting a minimum of 22476. If you're wondering whether it may reach the fib level of 78%, the answer is, if the rally has a solid structure, then it may reach the fib level of 78%; otherwise, it will be rejected above the level of 22476.
Similarly, alternative variations also suggest the same bullish sentiment. Until the market breaks the previous minor swing low, it may take a range market to rally continuation. On the other hand, if it breaks structurally, we can expect a minimum of 38% fib correction.
The global market trend is moderately bullish, supported by the Dow Jones, while our local market sentiment also indicates a moderately bullish trend. It might open with a gap-up start, as suggested by GiftNifty, showing a +30 point increase.
Nifty experienced a minor pullback with some consolidation in the last session. There have been no changes in the previous sentiment. GiftNifty suggests a minor gap-up start, so the market may open positively; after that, if it sustains, we can expect a rally continuation with minor consolidation, targeting a minimum of 22476. If you're wondering whether it may reach the fib level of 78%, the answer is, if the rally has a solid structure, then it may reach the fib level of 78%; otherwise, it will be rejected above the level of 22476.
Similarly, alternative variations also suggest the same bullish sentiment. Until the market breaks the previous minor swing low, it may take a range market to rally continuation. On the other hand, if it breaks structurally, we can expect a minimum of 38% fib correction.
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.