StreetView for 1st April

StreetView for 1st April

Here is the today’s streetView Morning update :

Global cues for today : Major global indices were closed lower as of yesterday – US Markets, European markets and Asian Markets closed lower.

SGX Nifty trading at 17440 levels in morning trades indicating lower opening for Indian indexes.

Crude Oil and Gold are trading lower where as US Dollar is trading flat in early hour trades.

News :

  • If China breaches LAC again, Russia won’t help, says US Dy NSA
  • Russia Preparing Strikes On Donbas, Ukraine’s Zelensky Says
  • EU Leaders To Pressure China At Summit To Not Support Russia In Ukraine War

Technical for indices :

Lets see Index Future Levels and charts for today

Nifty Futures traded at higher levels yesterday and closed slightly negative. Going into today’s trade Nifty Futures has to hold above 17450 levels. Break below these levels can change the sentiments. Support may come around 17495-17465 Levels. Resistance at 17605-17635 Levels.

Bank Nifty futures managed to hold lower support levels in yesterday’s trade, today it needs to hold above 36200 Levels. Break below these levels can change the sentiments. Supports may come at 36450-36400, 36275-36225 Levels. Resistance may come close to 36750-36800 levels.

Here are the Index Futures charts :

Nifty Futures :

Bank Nifty Futures :

Disclaimer: The views are in line with the pure chart study, no pre-defined geopolitical factors are considered. Also, we strictly advise not to take any positions just based on the above views. For regular intraday recommendations, you must have our premium subscription.

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