The global market indicates a slightly negative start. the market nature is neutral to slightly bearish . The market may take a minor correction in the opening market, if the market takes pullback around 38% fib level then we will expect the rally continuation. on the other hand, if the market breaks the previous day minor high then we will expect a correctional wave, it will reach a minimum of 61 to 78%. There, 78% will act as a strong support zone .

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.