SGX Nifty 11th Sept 2015

SGX Nifty

188.17

Index Last High Low
Nifty Future Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response
Nifty Future Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response
CNX Nifty Spot 7879.50 7880.20 7837.70

 

SGX Nifty / SGX Nifty Futures / SGX Nifty Charts / SGX Nifty Live / Nifty Trend / Nifty Prediction / Stock Market Tips for 11th Sept 2015

SGX Nifty opened lower on weak global cues today morning but did recover in the second half of trade and closed at the high point of the day at 7813. Overnight Dow Jones was down by 239 points and that the striking point Dow and other Global Stock Markets are making is down cycle is not yet over so it will be prudent to trade with extreme caution. Yesterday As we said our charts were indicating danger signals and hence we got out of our trading longs. Our strategy is the same for now on dips in panic we will be buying slowly and steadily but if you are following our strategy only on the basis of this post then one must keep in mind that gates for downside are not yet closed and we could still see 7500 or may be even 7400 in intraday trade during a panic that seems possible as per our Nifty Price charts and astro cycles hence it will be better to trade only with extreme caution and prudent risk management systems.

SGX Nifty Minor Trend Is Neutral. SGX Nifty Major Trend Is down. Nifty support and resistance for tomorrow is at 7672 and 7856.  Overall range breakout could give us a trading opportunity. Nifty has time cycle resistance tomorrow. On higher side Nifty may halt this pullback around 7940-7991 Nifty spot levels mentioned. There is a high possibility of pullback ending in next 2 trading sessions and a significant fall could resume on higher side start being light. (Once we get confirmation we will update to clients I have written possibility but we do not have any confirmation of the same as of now)

Detailed Update will be given to clients by early Monday morning or over the weekend.

SGX Nifty Futures / SGX Nifty Charts / SGX Nifty Live are given below for ready reference.

Good Trading To You!