SGX taking support from 100 DMA and a bottom of an upward channel. US markets closed in green.
$IN1! SGX up by 150pts: Bullish
$NIFTY1! Futures at 100 DMA: Wait and Watch
NSE:NIFTY Spot NIfty below 100 DMA: Bearish
Overall verdict: Wait and watch
Monday possible Gap up. Probably will test 18k level on spot.