Market Report 02.11.21📰🗞📊🔮Market Report🔮📊🗞📰
📈 Market Trend📉 : Sideways 💯
💲 Dollar 💱 :📈 Red.
🛢️Oil Price🛢️: Neutral .
🏢 Institutional Investors : Positive 📈
FIIs net bought Rs 244.87 crore DIIs net sold Rs 6.00 crore
🟩Nifty Support : 17884
🟥Nifty Resistance : 17947
🟩Banknifty Support : 39340
🟥Banknifty Resistance : 40587
👨💻 Tomorrow’s Plan :
🔰Institutions Positive
🔰US markets Green
🔰Buy the dip ✅✅✅
🔰Cements in focus
🔰Bank nifty bullish.🙌🏻
✅™️✅ Monday has done the game but Tuesday raised some questions. Simply speaking 18000 call writers were quite strong. Analysts were talking about a gap up opening and a boom but the gap up opening covered the gap down and has been on a downtrend for the whole session. 17947 has been a tough resistance and a double top led to further fall.
In my opinion, this movement is a small retracement in response to the exponential rise that happened on Monday. Tomorrow we can get another gap up opening and if it sustains above 18000 for sometime, we will get the short covering that we have been waiting for.
But, if today has to repeat, 18200 expiry is unlikely.
☑️©️️☑️ Stock ideas shared in forum
☑️®️☑️Results on November 3: Please refer to BSE site
✔️Will update next after premarket 💯✅
✔️Have a great day💯
🇮🇳 JAI BHARAT 🇮🇳
