The global market is ready for a reversal

US and Indian stocks market are prepared for a reversal on Thursday/Friday. Last week, you were informed about the possible uptrend/supportive sentiments till the first half of the current week.

Key levels to keep in mind: Nifty – 15960 & 15600-?????| Bank Nifty – 36000 & 34000-????? | S&P500 – 4300 & 4200-????.

On Twitter, we posted that if Gold doesn’t breach 1747 or Silver doesn’t breach 25.48 then a reversal is possible.

Crude has resistance at 75.31. If this resistance is not crossed then it may experience a sizable drop.