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NIFTY UP 600 PTS FROM 11600,
BANK NIFTY UP 3000 PTS FROM 23600,

NIFTY WEEKLY EXPECTATIONS,
BANK NIFTY INDEX MANAGEMENT,

RELIANCE RISE 10%+ FROM LOWS,

MARKETS RISE FOR 5TH DAY IN A ROW,
NOW PROFIT BOOKING ?

WHAT ABOUT I.T PHARMA FMCG ?

INTRADAY TRADERS REJOICE ✌🏻

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Market Outlook :
(31 july)

US market closed -225 points
Asian market Mix
SGX NIFTY 45 points Up

Trend on SGXNIFTY indicates a Flat opening for index.

Market view :

Market would open Flat to Negetive.

Nifty : Bullish
Banknifty : Bearish

Market would open Flat to Negetive. Technically, Market is still in a positive zone.

Nifty is in bullish zone whereas Banknifty is in bearish zone. To see directional movement nifty and bank nifty has to be in same trend.

Since last 2 session our view on bank nifty was Sell on rise. Yesterday we saw sharp downfall with volume.

Today still our view remain same.

Nifty would be in negative zone only If it close below 11090.

If today Nifty will close below 11090, Then we can see sharp downfall in index in next week.

SBI Results that would be disclosed today would affect the further direction of Indian Stock Market.

Nifty levels

Today's resistance
11155-11185
Today's support
11090-11020

Bank nifty levels

Today's resistance
22025-21870

Today's support
21525-21355

Market outlook view is just for educational purpose.