Good morning, friends! Here are the directions for April 4th: The global market trend remains bearish, supported by the Dow Jones, while our local market sentiment indicates a still moderately bullish trend. It might open with a neutral to gap-up start, as suggested by Giftnifty, showing a +60 point.
Nifty - structurally, there have been no changes; the market is still maintaining the range-bound structure. As per the Giftnifty indication, if the market opens gap-up, then we can expect the rally to continue with minor consolidation when it breaks the previous high. Alternatively, if it is rejected again around the previous high, then the range market will likely continue.
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