LET US FIND THE OPENING OF SGXNITY ON MONDAY AND SEE IMPACT ON NIFTY. 1. AS YOU KNOW ALL SGX NIFTY CLOSED 57 PTS UP ON FRIDAY. THEREFORE , IT SHOULD ADD MORE POINTS BEFORE 8AM IN MORNING. AS DOW CLOSED AROUND 455 PTS UP. IF WE HAVE THAT DATA THEN WE CAN EASILY SAY THAT THERE IS GAP UP OPENING ON SGX NITY AS WELL AS NIFTY . 2. NOW COME TO TECHNICAL ANALYSIS...
Hi, 1. Descending Triangle Formation with Head and Shoulder Formation. 2. Sell Below 9230 Target: 9219, 9205 SL:9243
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...
just go for a buy around 9100 points or u may average ur position, it may gonna up a new high after a small retracement in May beginning.
If nifty 50 respects SGX NIFTY. Then Monday can be a fall of more then 500 points. Can BUY PUT OPTIONS OF nifty 9200 may.
Sgx Nifty Respecting the Fib Retracements levels . Nifty Exactly showing down trend after it touches 50% level as per the Fib Retracement.
Here SGX nifty chart is taken into consideration. Price in Nifty is contracting with a rising wedge pattern. With declining volumes there is a possibility that Nifty will find ot very difficult to cross 10,000 and will crash from there. watch for another 10 -12 trading sessions for change in Nifty strategy.
SGX broke the 1 Hr trend line and heading towards the re-test
Chances to back again 6800 may be see, bearish below 9550, if broken than we can see 10,000
Please correct me if I am wrong ..as there was trading holidays less volatility FII buying Short Covering Does the current upmove is backed by volumes What's your thoughts?
SGX NIFTY WAITING TO FALL