MARKET OUTLOOK 12-APR-2024

TREND: Bullish

RESISTANCE: 22800-22700

SUPPORT: 22600-22500

BULLISH SECTORS: BANK/FMCG/METALS/INFRA 

NOTE: In terms of fundamental analysis market valuation is high. 22600 is important support for Nifty.

MARKET OUTLOOK 10-APR-2024

TREND: Bullish

RESISTANCE: 22650-22700

SUPPORT: 22600-22500

BULLISH SECTORS: AUTO/METALS/INFRA 

NOTE: In terms of fundamental analysis market valuation is high. 22600 is important support for Nifty.

MARKET OUTLOOK 04-APR-2024

 

TREND: Sideways

RESISTANCE: 22550-22600 

SUPPORT: 22400-22300

BULLISH SECTORS: PSUBANK/PHARMA/AUTO/FINANCE/METALS/INFRA 

NOTE : 22550 acting as crucial Resistance for Nifty if it break above this level then Bullish Trend will remain continue else it will correction from this level.

MARKET OUTLOOK 03-APR-2024

 

TREND: Sideways

RESISTANCE: 22550-22600 

SUPPORT: 22450-22400-22300

BULLISH SECTORS: PSUBANK/PHARMA/AUTO/FINANCE/METALS/INFRA 

NOTE : 22550 acting as crucial resistance for Nifty if it break above this level then Bullish Trend will remain continue else it will correction from this level.

MARKET OUTLOOK 02-APR-2024

TREND: Bullish

RESISTANCE: 22550-22600 

SUPPORT: 22500-22450

BULLISH SECTORS: PSUBANK/PHARMA/AUTO/FINANCE/METALS/INFRA 

MARKET OUTLOOK 01-APR-2024

TREND: SIDEWAYS

RESISTANCE: 22350-22400-22500 

SUPPORT: 22200-22100-22000

BULLISH SECTORS: PSUBANK/PHARMA/AUTO/FINANCE/METALS/INFRA

MARKET OUTLOOK 28-MAR-2024

 

TREND: SIDEWAYS

RESISTANCE: 22200-22250-22300 

SUPPORT: 22000-21900

BULLISH SECTORS: AUTO/METAL/INRA

MARKET OUTLOOK 27-MAR-2024

 TREND: SIDEWAYS

RESISTANCE: 22000-22100 

SUPPORT: 21800 - 21750 -21700

BULLISH SECTORS: PHARMA/PSU BANKS/AUTO/METAL/INRA

MARKET OUTLOOK 26-MAR-2024

 

TREND: SIDEWAYS

RESISTANCE: 22200 -22250-22300

SUPPORT: 21900-21800

BULLISH SECTORS: PHARMA/PSU BANKS/AUTO/METALS/INRA

MARKET OUTLOOK 22-MAR-2024

 

TREND: SIDEWAYS

RESISTANCE: 22100 -22150-22200

SUPPORT: 22000-21950-21900

BULLISH SECTORS: AUTO/INFRA/METALS

MARKET OUTLOOK 21-MAR-2024

 

TREND: SIDEWAYS

RESISTANCE: 21800 -21900

SUPPORT: 21700-21650

BULLISH SECTORS: AUTO/INFRA

REMARK: N/A

MARKET OUTLOOK 24-NOV-2023

 

TREND: UPTREND

RESISTANCE: 19800 -19900

SUPPORT: 19750-19700

BULLISH SECTORS: FMCG/IT/AUTO/METALS

REMARK: N/A

MARKET OUTLOOK 17-NOV-2023

TREND: UPTREND

RESISTANCE: 19800 -19900

SUPPORT: 19700-19600

BULLISH SECTORS: IT/PHARMA/AUTO/INFRA

REMARK: N/A

MARKET OUTLOOK 15-NOV-2023

  

TREND: SIDEWAYS-UPTREND

RESISTANCE: 19600-19700-19800

SUPPORT: 19400

BULLISH SECTORS: PSU BANKS/METALS

REMARK : 

GAP UP OPENING IS EXPECTED TODAY. SO TRADERS CAN BOOK A PROFIT.

MARKET OUTLOOK 06-NOV-2023

 

TREND: SIDEWAYS

RESISTANCE: 19300 - 19400 - 19500

SUPPORT: 19000

BULLISH SECTORS: FMCG/INFRA

REMARK : 

ABOVE 19300 NIFTY TREND WILL CHANGE FROM SIDEWAYS TO BULLISH

DERIVATIVE DATA IS VERY STRONG

MARKET OUTLOOK 30-OCT-2023

 

TREND: SIDEWAYS

RESISTANCE: 19100 - 19200

SUPPORT: 19000

BULLISH SECTORS: IT/PSU BANKS

REMARK : 

NIFTY SHORT RECOVERY WAS SEEN IN THE LAST TRADING SESSION AND IT DIDN'T BREAK SUPPORT OF 18800.

NIFTY WILL GO UNDER RANGE BOUND CONSOLIDATION UNTIL IT DOES BREAK RESISTANCE ABOVE 19200

MARKET OUTLOOK 27-OCT-2023

 

TREND: DOWNTREND 

SUPPORT: 18800

RESISTANCE: 18850 - 19000

BULLISH SECTORS: N/A

REMARK : 

18800 IS VERY CRUCIAL SUPPORT. IF IT BREAKS THIS LEVEL THEN 18600 LEVELS MAY BE SEEN IN THE FUTURE.

ALSO, THERE ARE CHANCES OF THE PRICE BOUNCE BACK FROM 18800 THIS LEVEL.

THIS IS VERY GOOD OPPORTUNITY FOR AN INVESTORS. SO INVESTORS CAN INVEST IN VERY GOOD STOCKS.

Nifty Trading View On 16 Dec 2022

On Daily Candlestick Nift50 form a long bearish candlestick and took support of 18400 which is very crucial support. 

If Nifty50 crosses below this support level then sideways trend will change to bearish trend

Trend : Sideways (Rangebound)

Resistance 18450 - 18500 - 18550

Support: 18400 - 18350 - 18300

Bullish Sectors : N/A

 

Nifty Trading View On 12 Dec 2022

On Daily Candlestick Nift50 form a long bearish candlestick and took support of 18400 which is very crucial support. 

If Nifty50 crosses below this support level then sideways trend will change to bearish trend

Trend : Sideways (Rangebound)

Resistance 18600 - 18650 - 18700

Support: 18400 - 18350 - 18300

Bullish Sectors : Banks

Nifty Trading View On 07 Dec 2022

Trend : Sideways (Rangebound)

Resistance 18700 - 18750 - 18800

Support: 18600 - 18550

Bullish Sectors : METALS