Good morning, friends! 🌺🍬 Here are the directions for July 5th:
The global market had an oscillation but continues to range based on the Dow Jones. Our local markets are showing a moderately bullish sentiment. However, today, the market may open with a neutral to slightly gap-down start, as indicated by GiftNifty, which shows a decrease of 60 points (as of 8:00 AM).
Nifty and Bank Nifty both have the same sentiment. They have been moving in consolidation. Let's look at this.
Yesterday, Nifty reached a new high but did not sustain it. Structurally, there hasn't been a significant correction, as indicated by the global market trends. Therefore, if the market opens with a gap-down today, it may find support at the immediate support level. If this occurs, the consolidation range is likely to continue. This is our first scenario.
On the other hand, if it doesn't find support there or if it consolidates a little around the support, then we can expect the correction to continue.
The global market had an oscillation but continues to range based on the Dow Jones. Our local markets are showing a moderately bullish sentiment. However, today, the market may open with a neutral to slightly gap-down start, as indicated by GiftNifty, which shows a decrease of 60 points (as of 8:00 AM).
Nifty and Bank Nifty both have the same sentiment. They have been moving in consolidation. Let's look at this.
Yesterday, Nifty reached a new high but did not sustain it. Structurally, there hasn't been a significant correction, as indicated by the global market trends. Therefore, if the market opens with a gap-down today, it may find support at the immediate support level. If this occurs, the consolidation range is likely to continue. This is our first scenario.
On the other hand, if it doesn't find support there or if it consolidates a little around the support, then we can expect the correction to continue.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。