SGX Nifty 31st Aug 2015

SGX Nifty

-134.81

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 / Nifty Trend / Nifty Prediction / Stock Market Tips for 31st Aug 2015

SGX Nifty Trend today (28h Aug 2015) was positive. Overall SGX Nifty Minor Trend is neutral and SGX Nifty Major Trend is down. As per our analysis on rise towards resistances or small stop loss points it will be better to reduce exposure in longs bought around 7700 (Nifty spot levels mentioned) Nifty Support for tomorrow Monday 31st Aug 2015 is at 7940. Break Below 7940 will once again open the gates till 7631-7550 hence long traders must be careful and trade with strict stop loss points only. Overall all Global Stock Markets and Nifty have been making classic lower tops and lower bottoms and till that structure does not change we do not recommend to bottom fish or start buying into the stock markets. Some analyst / traders believe that worst is over for Global Stock Markets but we do not think so. If certain patterns are confirmed overall we will see Nifty as low as 6500-6800 (details have been given to clients) but we will wait for confirmations to come as of now it will be prudent to wait and get confirmation and not jump the gun. It will not pay to make any wild guess rather it will be prudent to follow Nifty Main Trend and trade. Some astro cycle are indicating that FED will increase .25 BPS in Sept-Oct 2015 and hence this could put pressure on Emerging Market Currencies and Emerging Stock Markets basket. Nifty on Monday 31st Aug 2015 has a important time cycle resistance so expect sudden moves out of nowhere if 7940 breaks in the first half with volumes then extreme caution is advised. In the previous week all world stock markets staged good pullbacks (just to make another lower top along expected lines) so as per our analysis the pullback that started from 7667 is likely to end anytime. On Monday Sun is in opposition to Neptune and as per our studies this is a level 1 reversal geocosmic signature have a very high probability signal. (Generally pullbacks are seen ending in this geocosmic signature based on our back tested studies) Nifty resistance for 31st Aug 2015 is at 8110 (Nifty 50 Spot levels mentioned)

Good Trading To You!