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Nifty today: SGX Nifty down 209 points; here's what changed for market while you were sleeping


Here s breaking down the pre-market actions:
STATE OF THE MARKETS
Nifty futures on the Singapore Exchange traded 209.50 points, or 1.37 per cent, lower at 15,085.50 in signs that Dalal Street was headed for a gap-down start on Thursday.
Tech View: Nifty support at 15,000
Nifty50 took out its 13-day and 20-day moving averages on Wednesday and formed a long bullish candle on the daily chart. This was the third day when the index formed higher highs and lows. Analysts said support for the index has shifted higher, and as long Nifty stays above 15,000, the bias may remain positive.
Asian shares tank up to 1.6% in early trade ....

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Nifty today: SGX Nifty up 30 points; here's what changed for market while you were sleeping


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Strong quarterly numbers from IT majors Infosys and Wipro and firm cues from other Asian markets may give domestic indices a positive start on Thursday, even as technical charts are showing signs of weakness. Here’s breaking down the pre-market actions:
STATE OF THE MARKETS
Nifty futures on the Singapore Exchange traded 28.5 points, or 0.20 per cent, higher at 14,601, in signs that Dalal Street was headed for a positive start on Thursday.
Tech View: Nifty50 sends signs of weakness
Nifty50 on Wednesday tested the 14,450 level in a sharp intraday selloff, only to recover fully by close. The index formed a higher high for yet another session, but formed a small bearish candle with a long lower wick on the daily chart, which resembled a Hanging Man pattern. Analysts said the index could be in for some consolidation, and believe Nifty testing of the 14,400-14,367 range could put an end to the momentum. ....

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