in the last trading session SGX NIFTY fell around 5% due to global sentiment as US-CHINA trade war reemerged. DOW also fell around 3% in last 2 trading session.
in last trading session SGX NIFTY closed near the trend line support and also near the 23% Fibo number making it week for bulls.
10150 is acting as a good resistance and 8850 is a good support. if it break the trend line then down side will open upto 8850 or if it starts moving upward it will try to approach previous high or even the resistance.
now let see what happen on Monday 6:30 AM according that Indian market follow its opening session.
in last trading session SGX NIFTY closed near the trend line support and also near the 23% Fibo number making it week for bulls.
10150 is acting as a good resistance and 8850 is a good support. if it break the trend line then down side will open upto 8850 or if it starts moving upward it will try to approach previous high or even the resistance.
now let see what happen on Monday 6:30 AM according that Indian market follow its opening session.