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Manickamtraders
Mar 6, 2024 3:29 AM

#Nifty directions and levels for March 6th. 

Nifty 50 IndexNSE

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"Good morning, friends! Here are the directions for March 6th: The global market trend remains structurally moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a neutral to a slightly gap-down start, as suggested by Giftnifty, showing a -12 point.

Nifty has a range-bound structure, so if the market opens neutrally, we can expect further range continuation. However, a directional move is anticipated only if it breaks the range either upside or downside.
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