SGX Nifty 24th Sept 2015

SGX Nifty

97.90

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 24th Sept 2015

SGX Nifty / SGX Nifty Futures Trend today morning opened lower on weak global cues however after opening Nifty started recovering and pulled back towards 7882 finally Nifty closed the day in the green up by 34 points at 7846. Please go through our yesterdays update we had clearly mentioned this “(If you are stuck in long positions then join us and still there is one way to save yourself from massive losses)” I hope the traders who were stuck in long positions would have followed our advice and saved themselves from big losses they incurred today morning when they booked out in huge losses of long positions, anyways as I say I am here to guide what I see. We had clearly told our clients and had written even in our post that it will be prudent to sell on rise and we were expecting Min 7838 to be crossed on Nifty spot.

Yesterday everyone was trapped in longs and was booking loss in long positions today everyone again were buying towards end of trade by taking BTST positions / long positions. The current move will be with massive volatility hence it is better to trade in and out rather than trading one side. Expect many false and misguided information from various sources. They will put it as source based info but that info will be false.

As per our Stock Market Tips / Nifty Prediction given we have mentioned that Mercury is Retrograde (which will keep trapping traders on the wrong side of the trend, currently Main Trend is down so Janta will be getting trapped in longs) and current move is a extension of what we have seen yesterday so as per my analysis / Stock Market Advice I do not see Nifty to run from current prices in fact as we are approaching Pluto Direct means we could well see a flash crash so extreme caution is advised. Overall down cycle that started from 4th March 2015 has resumed the speed and volatility itself is telling us that Nifty Is about to have a flash crash anytime (but this time those who will gets stuck in longs will not have a chance to get out)

SGX Nifty Minor Trend is down. SGX Nifty Major Trend is down. Nifty Support and resistance for tomorrow is at 7760 and 7925. (Nifty 50 Spot Levels Mentioned).  If 7760 breaks before 11.45 Am then expect further sharp panic tomorrow. Use rise to exit long positions. (when to sell what to sell etc details to clients if you are trading on the basis of this post then kindly use proper risk management systems and trade)

USDINR Update

USDINR is in last stage of confirming reversal and we as per our analysis we see USDINR target of 68.40 in this current move. We have advised our clients to be hedged and we do not see significant downside for the dolor from now on. Longer term USDINR TGT is 70-72.

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

Good Trading To You!