#Nifty Directions and levels for March 19th.
"Good morning, friends! Here are the directions for March 19th: there is no significant difference in the last session. The global market trend remains structurally moderately bearish, supported by the Dow Jones, while our local market sentiment also indicates a moderately bearish trend. It might open with a gap-down start, as suggested by Giftnifty, showing a -80 point.
"Nifty experienced a minor pullback in the last session. Giftnifty indicates a negative start, but structurally, it has a minor pullback continuation. So, if the market finds support around 21996 to 21961, we can expect a range market or pullback continuation. On the other hand, if it breaks the previous low, then the correction will likely continue, reaching the level of 50% Fibonacci retracement level for the downside
"Nifty experienced a minor pullback in the last session. Giftnifty indicates a negative start, but structurally, it has a minor pullback continuation. So, if the market finds support around 21996 to 21961, we can expect a range market or pullback continuation. On the other hand, if it breaks the previous low, then the correction will likely continue, reaching the level of 50% Fibonacci retracement level for the downside
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.