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Today key levels for intraday trading for nifty and Banknifty support and resistanceπ
π Market Opening Prediction for 08-Oct-2024 | MBC Trading Platform
The market is expected to open gap up with a positive bias today.
Global Indices : Showing positive signs, indicating a stable start.
Gift Nifty : Also looking positive, reinforcing the marketβs optimistic outlook.
FIIs: A negative stance observed, which could introduce some caution.
DIIs: On a positive note, providing support to the market.
πOpening Market : Likely to start on a positive note, driven by positive global cues and DII support.
End of the Market Anticipated to close positively as domestic investors may offset FII selling pressure.
Key Points to Watch
Sector Focus Keep an eye on sectors like IT, Banks, and Auto for potential opportunities as global trends influence sector performance.
VolatilityDespite a positive bias, FIIs' negative sentiment could bring moments of volatility during the trading session.
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FII SELL NET RUPEES 5,729.60 CR OF INDIA SHARES TODAY || DII BUY NET RUPEES 7,000.68 CR π
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