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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 gains 14 points; here's what changed for market while you were sleeping


Here s the breaking down of the pre-market actions:
State of Markets
Nifty futures on the Singapore Exchange traded 14 points, or 0.09 per cent, higher at 14,997 in signs that Dalal Street was headed for a positive start on Wednesday.
Tech View: Nifty hurdle at 20-DMA
Nifty50 on Tuesday climbed over 1 per cent and settled above the 14,900 mark. The index formed a bullish candle on the daily chart, with a long lower wick, suggesting that every intraday selling got bought into. Analysts said the 15,000 level will be a key hurdle for Nifty50 to watch out for.
Asian shares mixed in early trade
Asian shares were trading mostly mixed on Wednesday. Japan s Nikkei fell 0.18 per cent to 29,355.64.China s Shanghai Composite rose 0.42 per cent to 3,523.20. Hong Kong s Hang Seng climbed 1.13 per cent to 29,425. Korea s Kospi edged 0.3 per cent lower. ....

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Nifty today: SGX Nifty up 101 points; here's what changed for market while you were sleeping


Here s the breaking down of the pre-market actions:
State of the markets
SGX Nifty signals gap-up start: Nifty futures on the Singapore Exchange traded 101.5 points, or 0.69 per cent, higher at 14,894.50 in signs that Dalal Street was headed for a positive start on Tuesday.
Tech View: No follow-through selling a respite
Nifty50 on Monday topped the 14,750 level and formed an Inside Bar on the daily chart. The price action for the day was noteworthy. First, there was no follow-through to the long bearish candle on Friday. Second, the 50-pack index took support from a rising 50-day moving average and at 50 per cent retracement of 13,596-15,431 rally. Besides, the index broke below minor swing low of 14,613, before seeing recovery, said independent analyst Manish Shah. ....

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