Indian Stock Markets Today: High Opening, Rangebound Trend

18 June, 2021 (7:43 am IST)

Yesterday, when world stock markets were highly negative, we had discussed how much Indian stock markets are manipulated and those manipulators are hell-bent on taking Nifty to 16,000.

True to that, Indian stock markets opened low but after that continued to climb up.

Today, SGX Nifty is almost 70 points up, hinting at a high opening for Indian stock markets. Nifty will open with equal, or higher, numbers.

This will still keep Nifty and other indexes within a range and we can see these markets climb higher within the previous week’s range.

How To Trade Nifty Today:

  1. SGX Nifty is indicating a higher opening for Nifty.
  2. This will take RSI in the overbought zone on small timeframes such as 1-minute or 5-minute.
  3. Day traders should wait until RSI becomes balance in these timeframes and buy on dips.
  4. Nifty will go to 16,000 mark whether world stock markets trade low or high.
  5. The best buying time in Nifty is when this index is at lower point.
  6. Buy then, and then wait for Nifty to rise higher.
  7. Nifty is in an uptrend and currently trading sideways near its new record levels due to global volatility.
  8. Bears have no chance in Nifty and will get only small, intraday corrections in this index.
  9. Go with the long term trend in Nifty which is up at this time.

Indian stock markets are looing at a higher opening today. These stock markets are currently in an up trend, so we may see these markets climbing up after the high opening.

Posted in Indian Stock Market | Tagged , , , , , | Leave a comment

World Stock Markets Today: Positive Start of the Session

18 June, 2021 (7:21 am IST)

17 June, 2021 (9:50 pm EDT)

US stock markets had a mixed closing in their overnight session. Nasdaq closed with gains of more than a 100 points and Dow Jones with a loss of 210 points.

But world stock markets are trading positive in this session, because US stock futures are trading positive. Although these gains are not much but the positive numbers are enough to keep world stock markets on the same positive track.

In Asia, only China markets are negative, but all other major markets like Japan, Australia, South Korea and Hong Kong are trading positive.

SGX Nifty is 60 points up, indicating a higher opening of Indian stock markets.

How To Day Trade:

  1. Yesterday, world stock markets were trading in a single, directional trend but that trend was negative.
  2. Today, once again world stock markets are trading in a single, directional trend but it is now positive.
  3. We know that trading in directional trends is done with tools like trendline and Moving Averages.
  4. So, used these tools to follow the trend of your markets and trade in the same direction.
  5. Use money management techniques like putting a stop loss.

World stock markets are trading in a positive trend in the opening Asia session. Day traders can follow this trend and open long trades once the price dips and then rises again.

Posted in Global Stock Markets | Tagged , , , , , , , | Leave a comment

Indian Stock Markets Today: Low Opening On Global Cues

17 June, 2021 (7:45 am IST)

SGX Nifty is more than 100 points down and world stock markets are trading in a strong downtrend. This indicates that Indian stock markets will also follow this trend and open with negative numbers.

Although, a lower opening will still keep these markets rangebound and we may see a bounce after the negative open, on technical ground. After that, it will depend on Nifty how it trends. A continuous lower trend will drag down the whole markets, but a rangebound trend will provide support to stocks.

How To Trade Nifty Today:

  1. Day traders should stay away from trading for the initial one hour because RSI will reach oversold zone after a negative opening.
  2. Especially in smaller time frames like 5-minutes.
  3. Let RSI regain some balance, then day traders can resume short trading.
  4. Since this is a global trend, day traders should refrain from long trades because that trend will lack strength.
  5. However, short trades will have more seller so the lower trend will have more strength.
  6. Follow this trend once Nifty reverses after the initial recovery.

Indian stock markets will open negative with the global trend. It will keep markets rangebound in the previous range but the intraday trend could continue to stay negative.

Posted in Indian Stock Market | Tagged , , , , | Leave a comment

World Stock Markets Today: Highly Negative Trend, Fed Indicates Rate Hike

17 June, 2021 (7:23 am IST)

16 June, 2021 (9:53 pm EDT)

After many sessions, world stock markets are trading with a strong negative trend. The Federal Reserve indicated that it is going to hike its interest rates in 2023 and world stock markets have collapsed line nine pins.

US stock markets also closed negative in their overnight session. Although S&P 500 and Nasdaq did not lose much, but Dow Jones closed with heavy losses after losing 265 points. This mega index has turned negative in monthly, weekly and daily charts. Dow Jones is now trading below its 20-Day Moving average on daily charts which is a highly negative signal. On hourly charts, this index is already showing a downtrend by continuously trading below the 20-day MA.

Today in Asia session, US stock futures are trading with big losses. Especially Dow Jones futures are down more than 100 points. This arrival of negative trend in Dow Jones futures has a negative impact on world stock markets too, and all other markets are also trading negative.

In Asia, all major stock markets are trading down. Big markets like Japan, China, Australia and second rung markets like South Korea and Hong Kong; all are trading negative at this hour.

SGX Nifty is down more than 100 points at the time of writing, indicating a lower opening in Indian stock markets too.

How To Day trade :

  1. We have a single, strong downtrend in world stock markets , which is good for day trading.
  2. RSI becomes an important trading tool today, to anticipate the short trade opening in this session.
  3. If RSI reaches the oversold region, do not open short trade, no matter how much the price falls.
  4. Wait for the RSI to rise above that overbought zone with the price, and open short trades when a resistance level stops the rise of the price.
  5. Rising markets do now care for the RSI, but falling markets do.
  6. This is called “the right time and right place” to open your trade.
  7. Sometimes traders say “markets reversed as soon as I opened my trade”. This happens due to the RSI being in overbought or oversold region and not because of some conspiracy theory.
  8. Wait for a small bounce in price, and when it reverses, open short positions.
  9. Use tools like the trendline and 20-day Moving Average to follow the trend.
  10. When price revers enough to cross above these signals, exit the short trade.

World stock markets are in a strong downtrend after the American central bank signals its rate hike plans. A strong directional trend is good for day trading. Day traders should use this downtrend to earn healthy profits by short selling.

5 Tools For Day Trading!

Posted in Global Stock Markets | Tagged , , , , , , , , | Leave a comment

Indian Stock Markets Today: Flat, Rangebound With Global Cues

16 June, 2021 (7:39 am IST)

Indian stock markets have only one goal now, Take Nifty to 16,000. We had started writing about Nifty reaching this level when the index had started its uptrend in May.

This uptrend has been market with gap up opening and rangebound trend which does not give much opportunity to day traders.

Today, SGX Nifty is trading flat, but giving uptrend signals. So, day traders should not wait in the opening hour and wait for a stable trend to emerge in Nifty and broader stock markets.

How To Trade Nifty Today:

  1. Nifty is only 100 points away from its new record of 16,000.
  2. Market manipulators will push it to that level.
  3. Therefore, we’ll not advise day traders to go against Nifty’s uptrend.
  4. If Nifty falls, trade with that trend and keep an eye on possible reversal from support levels.
  5. If the index rises after initial volatility, trade with that uptrend.
  6. If Nifty becomes rangebound then stop trading and leave markets because it will be a narrow range and day traders will only lose their trading capital in this trend.

Indian stock markets are expected to open flat and trade rangebound with volatility. Indian stock market are in an uptrend and have been eating bears for breakfast. In these manipulated markets, don’t expect any fall more than for one session. Stay alert and watchful and follow the uptrend.

Posted in Indian Stock Market | Tagged , , , , , , , | Leave a comment

World Stock Markets Today: Volatile, Mixed Trend

16 June, 2021 (7:39 am IST)

15 June, 2021 (10:09 pm EDT)

In Asia session, world stock markets are showing a mixed and volatile trend, just as we have been witnessing in world stock markets fir may weeks.

US stock markets closed negative and Nasdaq again lost more than 100 points by the closing bell. US stock markets have not had a single rally this week and it is affecting world stock markets.

In Asia too, major stock markets are trading mixed. At this hour, Japan, China and Hong Kong markets are negative and Australia and South Korea markets are positive.

SGX Nifty is trading flat but it is showing a small “higher low” pattern on daily charts. That indicates a support for Indian stock markets that are ready to create some new records.

US stock futures are trading mixed. Dow Jones futures are 13 points down and these negative numbers may increase later in the session. That will put more pressure on other markets.

How To Day Trade:

  1. Today, world stock markets are showing mixed numbers but the negative pressure is more dominant.
  2. Day traders should remember this fact and go for short trades at the right time and right place.
  3. This “right time and right place” means when the price drops from a resistance level.
  4. Remember, always sell high or near resistance levels and buy low or near support levels.
  5. These are no big “secretes” but day traders forget these small things while trading.
  6. So, just remember these rules of trading and you’ll never fail.

World stock markets are trading mixed in early Asia session, but the dominating sentiment is negative. Markets are expected to stay volatile as no single trend is there to keep markets stable.

Posted in Global Stock Markets | Tagged , , , , , , , | Leave a comment

Indian Stock Markets Today: Mixed Trend, Volatile Trading Pattern

15 June, 2021 (8:09 am IST)

No matter what happens, Indian stock markets continue to trade up. Yesterday, after an initial drop, these markets recovered almost all losses. Day traders should only wait for a dip and trade long in these markets. Bears have no chance of making profits here.

Today, SGX Nifty is flat, but Nifty may open with positive numbers. As we had written previously, Nifty is inching towards 16,000 mark at a snail’s pace, but the index seems steady in its approach.

How To Trade Nifty:

  1. This index is trading with high volatility and keeps changing trend if you trade in smaller timeframe.
  2. Nifty is overall in an uptrend, so day traders should trade long at the right place and right time.
  3. This will be when the index reverses from a support level.
  4. Don’t buy near resistance level.
  5. Buying near support levels will keep your stop loss small and probable profit big.
  6. Don’t look at the opening volatility.
  7. Check charts after the opening hour and follow the trend from there.

Indian stock markets are expected to open positive and trade with high volatility. These markets are overall in an uptrend. So, buying at dips will be beneficial for day traders.

Posted in Indian Stock Market | Tagged , , , , | Leave a comment

World Stock Market Today: Mixed, Volatile Trend

15 June, 2021 (7:59 am IST)

14 June, 2021 (10:29 pm EDT)

US stock markets had an extremely volatile overnight session. The start in these markets was highly negative. Dow Jones fell by nearly 150 points in the opening trade. Other major index also turned negative. However, by the closing bell, most of these losses were recovered. Dow Jones closed negative but the margin of loss was smaller than its opening losses. Nasdaq closed 100 points up and S&P 500 also closed positive.

This volatile and mixed pattern is being reflected in Asian stock markets where Australian index ASX 200 has jumped 1%.

SGX Nifty is flat at its range top, indicating a similar opening for Indian stock markets.

US stock futures are also flat, swinging between red and green numbers with thin margins.

How To Day Trade Today:

  1. As we suggested yesterday, when world stock markets are trading mixed, day traders should focus on their local markets and its trend.
  2. Wait for an hour after the opening bell so that enough 5-minutes, 15-minutes candlesticks are formed on the technical chart.
  3. This will give a clear idea of the intraday trend.
  4. Follow that trend with suitable trading strategy and money management techniques.

World stock markets are trading mixed and with high volatility. Such conditions require patience for day trading. Do not jump into markets immediately after the opening bel. Wait until a clear trend forms on charts, then trade by following that trend.

Posted in Global Stock Markets | Tagged , , , , , , , , , | Leave a comment

Indian Stock Markets Today: Volatile, Waiting for Inflation Numbers

14 June, 2021 (7:32 am IST)

SGX Nifty is indicating a lower opening for Indian stock markets today. These markets will receive wholesale inflations numbers later in the session. After a negative opening, these markets may trade sideways and see high volatility when the numbers are released.

How To Trade Nifty Today:

  1. Nifty is trading rangebound at its range top levels.
  2. This index refuses to fall or correct even more than one session.
  3. Today, Nifty is expected to open low, perhaps by 50 points.
  4. Going by Nifty’s recent trading patterns, the index may turn narrowly range bound while waiting for inflation numbers.
  5. Day traders should stay away from trading if Nifty trades sideways.
  6. Even after the inflation numbers are released, day traders should not jump in the trading ring blindly.
  7. Wait for the volatility to subside and trade only after that.
  8. Watch daily Fibonacci levels to know the support and resistance levels of Nifty.

Indian stock markets are expected to open low, trade slow initially, then become highly volatile when the inflation numbers are released. After that, these markets may take a directional trend.

Posted in Indian Stock Market | Tagged , , , , | Leave a comment

World Stock Markets Today: Dull Asia Session, Mixed Trend

14 June, 2021 (7:32 am IST)

13 June, 2021 (10:01 pm EDT)

World stock markets are facing a dull Asia session as three major market; China, Hongkong, and Australia are closed today. This has brought down volatility and volumes in this region and other markets are trading on local cues.

SGX Nifty is almost 70 points down as this futures index of India’s Nifty 50 waits for inflations numbers later today.

US stock futures are slightly positive. In US stock markets, Monday’s closing will be more important than futures. It is the start of a new week, and the weekly trend can be anticipated by the closing in the first trading session.

How To Day Trade Today:

  • As big markets are closed in Asia, the first session of world stock markets is showing slow paced activities.
  • Markets are trading on their local cues.
  • Day traders should also focus on their local markets. I
  • t is a mixed trend in world stock markets, so follow the trend in your local stock markets.
  • If it is positive trend in your markets, trade long.
  • In negative trend, trade short.
  • And In rangebound trend, wait patiently for it to take any direction.

World stock markets are trading mixed in the  opening trade as three major Asian stock markets are closed for local holidays today. World stock markets are expected to pick up speed once European stock markets open.

Day Trading Guide for Beginners!

Posted in Global Stock Markets | Tagged , , , , , , , | Leave a comment