#Nifty directions and levels for July 10th:

Good morning, Friends! 🌞

Here are the market directions and levels for July 10th:

The global market has a moderately bearish sentiment, while our local market is showing a moderately bullish sentiment.
Meanwhile, Gift Nifty is indicating a neutral to slightly gap-down start.

So, what can we expect today?

Structurally, we are still in a range with a moderately bullish bias. So, until the range is broken, we may not get any clear direction.

However, my expectation is that if the market initially pulls back, it could continue the rally with some consolidation.
In this case, if a solid structure forms, we can expect a longer rally.

On the other hand, if the market declines and finds support around the immediate support level, it may continue to stay in the range.
Or, if a solid structure forms on the downside, then the correction is likely to continue.