Market is not showing directional strength….. Market is in downtrend. Only if hourly closing above 19560 then only there is bullishness

Till that time market will keep moving sideways and eat our stop loss …. We have to be careful and avoid excessive trading in morning section <img src="assets/img/emoji/1f44d.png" class="emoji" alt="👍">

Once there is directional confirmation we will share Trade on Students Group
If you want to join the Students Group<img src="assets/img/emoji/1f447-1f3fb.png" class="emoji" alt="👇🏻"><img src="assets/img/emoji/1f447-1f3fb.png" class="emoji" alt="👇🏻">
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✅As discussed in YouTube Analysis video. ✅
✅There was high chance that Nifty could retest 19565 level and could fall✅
✅So dont look for Upside untill closing above 19565 in hourly chart✅
✅Next major support could be 19300, where the market exactly reversed✅

For such in-depth analysis do watch our YouTube analysis daily▶

*Special Homework is given the todays Video*
*Don't forget to complete Bank Nifty Homework to know more about market insights*

Already provided Levels with you and Target Hit as per the Levels💯🙏🏻

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WA OUTPUT Msg.
*MMTC Morning Update:*
09 August, 2023

_*US Market:*_
NASDAQ = 15307.24(0.16%)
Dow Jones = 35314.62(-0.45%)
_*European:*_
FTSE 100 = 7,554.37(0.28%)
CAC 40 = 7269.07(-0.69%)
DAX = 15774.86(-1.01%)
_*Asian:*_
Nikkei 225 = 32194.75(-0.56%)
Hang Seng = 19173.92(-0.07%)
Taiwan weighted = 16897.76(0.13%)
KOSPI = 2601.71(-1.06%)

*GIFT Nifty =* 19599.50(0.03%)


*OUR BASIS FOR TODAY:* Neutral
STAY WITH THE TREND | MAJOR TREND: Bearish


*As always I wish you Maximum Health & Trading Success*

*2800+ Profit till Now🚀8*
2nd Trade for the Day Hit Hit Hit💸🤩

NIFTY Aug 10 19600 PE
Entry = 140
SL = 120
Target 1 = 150
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BUY NIFTY Aug 17 19500 PE
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