Good morning, Friends! 🌞
Here are the market directions and levels for February 13th:
Market Overview
The global market continues to maintain a bullish sentiment (as indicated by the Dow Jones), while the local market is showing a moderately bullish sentiment. Today, the market may open with a neutral to slight gap-up, as the GiftNifty signals a positive move of 60 points.
In the previous session, both Nifty and Bank Nifty experienced a solid pullback. Despite the pullback, we are still in a bearish trend in the larger picture, so some seller dominance is possible.
> If the market pulls back strongly and breaks the immediate resistance effectively, we can expect the pullback to continue.
>On the other hand, if it rejects around the immediate resistance level, the market could consolidate within the previous day's range with a bullish bias.
Apart from this, the levels and directions are shared in the chart. Please check the chart for more details.
Have a nice day!
Here are the market directions and levels for February 13th:
Market Overview
The global market continues to maintain a bullish sentiment (as indicated by the Dow Jones), while the local market is showing a moderately bullish sentiment. Today, the market may open with a neutral to slight gap-up, as the GiftNifty signals a positive move of 60 points.
In the previous session, both Nifty and Bank Nifty experienced a solid pullback. Despite the pullback, we are still in a bearish trend in the larger picture, so some seller dominance is possible.
> If the market pulls back strongly and breaks the immediate resistance effectively, we can expect the pullback to continue.
>On the other hand, if it rejects around the immediate resistance level, the market could consolidate within the previous day's range with a bullish bias.
Apart from this, the levels and directions are shared in the chart. Please check the chart for more details.
Have a nice day!
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.