Here are the market directions and levels for June 26:
Market Overview
There have been no major changes in both the local and global markets. The global market continues to show bullish sentiment, while our local market is still maintaining a moderately bullish bias.
However, Gift Nifty is indicating a positive start of around 30 points today.
So, what can we expect today?
The higher-degree structure shows positive signs, but the lower time frame is still reflecting a range-bound market.
Open interest data also appears bullish. So, if the market breaks above the previous high, we can expect a further continuation of the rally.
On the other hand, if the market faces rejection around that level or if it starts with a decline, the range-bound movement is likely to continue.
Market Overview
There have been no major changes in both the local and global markets. The global market continues to show bullish sentiment, while our local market is still maintaining a moderately bullish bias.
However, Gift Nifty is indicating a positive start of around 30 points today.
So, what can we expect today?
The higher-degree structure shows positive signs, but the lower time frame is still reflecting a range-bound market.
Open interest data also appears bullish. So, if the market breaks above the previous high, we can expect a further continuation of the rally.
On the other hand, if the market faces rejection around that level or if it starts with a decline, the range-bound movement is likely to continue.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.