#Nifty Directions and Levels for December 4th:

371
Good morning, friends! 🌞

Market Directions and Levels for December 4th:

In the previous session, the Dow Jones continued the pullback; however, the GIFT Nifty indicates a neutral to slightly negative opening.

What to Expect Today?

There are no changes in sentiment until the RBI policy announcement, so the market may experience gradual ups and downs. The momentums are unpredictable. Structurally, if the initial market takes a pullback, we can expect a pullback continuation with a little consolidation, because yesterday’s pullback had little strength (alternate view).

On the other hand, if the market sustains the decline and breaks the immediate support level, we can expect some consolidation and a downside breakout (current view).

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.