Market Report 04102021

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📰🗞📊🔮Market Report🔮📊🗞📰

📈 Market Trend📉 : Market made a bullish move.💯

💲 Dollar 💱 :📈 GREEN. Very bullish and above a critical resistance

🛢️Oil Price🛢️: UK oil above 81

🏢 Institutional Investors : Positive 📈


🟢 Nifty Support : 17644
🔴 Nifty Resistance : 17792

🟢 Banknifty Support : 37340
🔴 Banknifty Resistance : 37708

👨‍💻 Tomorrow’s Plan :

🔰 Institutions are buying
🔰US markets in RED.
🔰Maintian Buy on dips till 18000.
🔰Metals are bullish.
🔰Bank nifty bullish.🙌🏻

Nifty went bullish as predicted on previous market report. Bank nifty followed the same trend. Given current US markets status, extremely bullish Dollar and Oil, Nifty may test 17644. It doesn't look like that nifty will break down the recent low of 17452. This is likely to be the lowest point of this month. Overall, bullishness is likely to continue as volatility is also decreasing.

Will update next after premarket 💯✅

Have a great day💯