Indian Stock Markets Today: Gap Down Opening, Rangebound Trend

5 March, 2021 (8:29 am IST)

Indian stock markets are following the global downtrend. Despite that, these markets are trading in a broad weekly range.

Today, SGX Nifty is indicating that Nifty will open near or below the major support of 15,000.

How To Trade Nifty:

  1. Yesterday, this index had shown support after a gap down opening and rose up to trim some of the opening losses.
  2. Yesterday was also the weekly Options expiry session for Nifty and Bank Nifty so we cannot expect a repetition of the previous trading pattern in Nifty.
  3. If Nifty opens below 15,000 mark and stays below it, then it will indicate weakness and more losses for the index.
  4. Day traders should wait until the opening choppiness is over and Nifty indicates a clear trading pattern.
  5. Follow that pattern with the help of a minor trendline and trade with the trend.
  6. Putting stop loss in all open trades is an important requirement as Nifty has been highly volatile in these down, but rangebound trending days.

Indian stock markets are following the global downtrend. Markets are highly volatile and will follow the trading pattern of  bigger markets

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World Stock Markets Today: Sell-Off Continues In Global Stocks

5 March, 2021 (8:29 am IST)

4 March, 2021 (9:59 pm EST)

World stock markets continue to witness a heavy sell-off in stocks as US bond yields continue to rise.

The 10-2 Yield Spread, a standard barometer of bond yields’ is more than 5% up.

That is why US stock markets traded and closed negative in their overnight session. The tech index Nasdaq has been suffering bigger losses and has turned negative for year 2021.

It seems only one stock; GameStop, continues to attract buyers and has been steadily climbing up after some extreme volatile trading. The stock ($GME) closed more than 6% up in its overnight session.

Today in Asia session, all stock markets are trading in red. All major Asian stock markets are down. SGX Nifty is 85 points lower, indicating another gap down opening for Indian stock markets.

US and European stock futures are negative, putting more pressure on global stocks.

How To Day Trade:

  1. World stock markets are following the negative trend in US stock futures.
  2. The trend in these entities is down but highly volatile, going up and down and sometime turning green and then collapsing again.
  3. Therefore, day traders should trade cautiously and must keep stop loss in all their open trades.
  4. Successful day trading requires not only skilled trading techniques but also effective money management.
  5. Since the trend is down, for day trading the best strategy would be to sell near resistance levels.
  6. These could be major or minor resistance levels.
  7. Use Moving Averages (9-days, 20-days) to spot these levels.
  8. Use trendline to continue your trades.
  9. Exit once price breaches the trendline.

World stock markets are in a strong downtrend as bond yields spike. We have seen these kind of sell-offs in world stock markets previously also. Then big central banks step-in, declare some stimulus and stocks markets start rallying. Right now, global stocks are falling and until something happens to reverse the trend, we’ll continue to see this downtrend.

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Indian Stock Markets Today: Highly Negative Open, Rangebound Trend

4 March, 2021 (8:46 IST)

Yesterday, Indian stock markets had a big rally. Nifty rose 326 points. Today, SGX Nifty is down by 270 points and it seems that Nifty will lose all its previous gains with the opening bell.

Global markets are falling as bond yields rise and investors take out their money from stocks. Indian stock markets will also suffer from this trend and are expected to trade lower in this session. These markets have been trading up and down with world stock markets since the last week, so basically these are trading in a broad range.

How To Trade Nifty:

  1. Nifty is expected to trade with the global cues.
  2. That could mean a continuation of downtrend even after a low opening.
  3. Day traders should wait for Nifty to create a trend after the opening hour’s volatility.
  4. Once Nifty gives clear signals of a trend (it could be a “lower high” or “higher low” on charts), day traders can initiate their trades.
  5. Do not forget putting stop loss in all open trades for successful money management.

Indian stock markets are set for a gap down opening and trade low with global cues. Markets may stay highly volatile as this session will see weekly Options expiry in Nifty and Bank Nifty.

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World Stock Markets Today: Lower Trend as Bond Yields Rise Again

4 March, 2021 (8:46 IST)

3 March, 2021 (10:15 EST)

World stock markets are in a lower trend today, as US bond yields rise again and money flows to bond markets from stocks.

At this hour, all US bond yields- from short term to long term, are trading high and global stocks are falling.

US stock markets had also closed negative in their overnight session. US stock futures are continuing that negative trend, triggering a highly negative trend in world stock markets.

Is Asia, all major Asian stock markets are trading highly negative. SGX Nifty is 278 points down, indicating a big gap down opening for Indian stock markets.

US and European stock futures continue to trade negative.

How To Day Trade:

  1. US bond yields have caused a highly volatile trend in world stock markets.
  2. US 3 Month’s bond yield is more than 5% up at this hour, so we can expect global stock markets to stay under high selling pressure in this session.
  3. For day trading, it is always wise to trade with the trend.
  4. Draw a trendline which goes parallel with the price and short trade with that trendline.
  5. It is a strong downtrend so let your profits run.
  6. Putting a stop loss is still important in strongly trending markets, so do that.

World stock markets are falling as bond yields rise. Markets have been highly volatile since the last week. It is better to day trade in such choppy conditions than indulge in swing trading or taking positions in markets.

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Indian Stock Markets Today: Another Gap Up Opening, Sideways Trend

3 March, 2021 (8:35 IST)

Indian stock markets have been trading in a specific pattern this week- gap up opening, then sideways trading in a narrow range.

Today, SGX Nifty is hinting at a similar trend again with a gap up opening. Indian stock markets are trading within the last week’s trend and that range is expected to dominate these markets in this session as well.

How To Trade Nifty:

  1. This index will open with a gap up.
  2. After that, as we always suggest after gap up or gap down situations, day traders should wait until Nifty has created a specific intraday trend.
  3. If it is range bound, then trade within the upper and lower bands of this range.
  4. If the trend is directional, then use minor trendlines to trade with that trend.
  5. Do not forget to keep stop loss in open trade positions.
  6. Exit the trade as soon as price breaches the trendline.

 Indian stock markets are set for another gap up opening  in this session. The weekly trend is rangebound within the last week’s trading range.

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World Stock Markets Today: Rally in Global Stocks

3 March, 2021 (8:35 IST)

2 March, 2021 (10:05 EST)

World stock markets are trading this week with considerable volatility, triggered by alternate positive and negative trend in US stock markets and US stock futures.

In their overnight session, US stock markets closed negative but US stock futures are trading positive in Asia session today. So, global stocks are following this positive trend and trading with green numbers.

At this hour, all major Asian stock markets are trading with gains. SGX Nifty is 86 points higher, indicating another gap up opening for Indian stock markets. US and European stock futures are rallying with healthy gains, giving support to the global rally.

How To Day Trade:

  1. Although world stock markets are trading positive, this week’s trend has been volatile and mixed.
  2. Day traders should cautiously trade  with the trend and be alert for any change in the global trend.
  3. Trade only when a trendline confirms a trend.
  4. Exit any open trade as soon as any trend reversal signal appears. And, as always, keep a stop loss in all open positions.

World stock markets are trading positive in the early trading in Asia. This trend is triggered by positive US stock futures that has been dominating the global trend. Overall, global stocks have been trading in a broad range with alternate positive and negative trends. That range is still in place and markets’ volatility levels are high.

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Indian Stock Markets Today: Positive Opening, Rangebound Trend

2 March, 2021 (8:32 IST)

Indian stock markets had traded positive yesterday. Today, SGX Nifty was 100 points up in the early trading hours, but now, it’s only 35 points up.

In Indian stock markets, the opening will depend on how high Nifty opens and trades. Indian economy has been churning out better numbers and it could keep these markets afloat in the positive zone. However, the global cues are turning negative and we’ll know only after the opening bell, if Indian stocks trade on global cues or local.

How To Trade Nifty:

  1. Nifty had a big opening yesterday and went above the Moving Average support on hourly charts.
  2. If it opens higher in today’s session, then the support will become stronger.
  3. Despite that, Nifty will be rangebound in the last week’s trading range.
  4. Day traders should wait for the opening hour to be over, then trade with the dominating trend.
  5. If Nifty crosses above the previous high, we can expect healthy gains in the index.
  6. However, if the previous high turns into a resistance, then Nifty may trade within yesterday’s range.
  7. Wait, watch and trade carefully with stop loss in all trades.

Indian stock markets are expected to open positive and trade rangebound. This could be a bigger range of last week, or a smaller range of the previous session.

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World Stock Markets Today: Volatile Trading Pattern, Rangebound Trend

2 March, 2021 (8:32 IST)

1 March, 2021 (10:02 EST)

US stock markets had a huge rally in their overnight session. Dow Jones, S&P 500, and Nasdaq jumped by more than 1%, 2%, and 3% respectively.

Today, in the early Asia session, world stock markets were following that rally and all major indexes were trading positive.

But US stock futures started turning negative, which is a normal technical correction and world stock markets also started losing their gains.

This indicates that we may see a rangebound trend in global stocks today and the trading pattern may stay volatile.

How To Day Trade:

  1. World stock markets are trading with big up and down trends, which has increased volatility in markets.
  2. It has also given good profit making opportunities to day traders.
  3. The first rule of successful day trading is patience.
  4. Wait until your local markets starts building a trend.
  5. Take help of minor trendlines and Moving Averages to trade with this trend.
  6. Keep strict stop loss in all open trades and quickly exit the trade once price breaches the trendline.

World stock markets had started with a positive trend in this session. But at this hour, global markets have turned mixed and rangebound. US stock futures are dominating the global trend and this may continue through the European session too.

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Indian Stock Markets Today: Rally Expected as Economy Expands

1 March, 2021 (8:23 am IST)

SGX Nifty had ignored US stock markets’ crash last Friday and closed with 70 points’ gains in its overnight session. These gains were triggered by the news of positive expansion in the Indian economy.

Today, SGX Nifty is trading 200 points up and Nifty may open with equal or bigger margins.

Indian stock markets had been trading in a wider range recently and been highly volatile in February. Let’s hope, this month will bring a more stable trend in these markets.

How To Trade Nifty:

  1. Nifty has been in an uptrend and keeps correcting with global markets at times.
  2. But the overall trend is up in this index.
  3. If day traders focus on Nifty’s support and resistance levels on hourly and daily charts, they can find excellent trade opportunities when trend reverses in the range.
  4. Nifty’s recent drop had taken it into the oversold zone and the index had started rising again.
  5. Unfortunately, negative global trend had pushed Nifty back in the previous week.
  6. Today’s high global trend and positive news about economy’s expansion could propel Nifty in the much higher zone and recover losses this week.
  7. Nifty could continue to trade high after the gap up opening.
  8. Day traders should use Moving Averages on 5-minute charts and when Nifty dips to these indicators and rises again, traders can use that as the trade opening point.
  9. If global trend continues to trade high, Nifty traders can also carry their positions through the session, with a stop loss in place.

Indian stock markets are set for a high opening and rally with the global trend. After many months, the Indian economy has expanded and this new could take Indian stock markets back to their higher levels.

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World Stock Markets Today: Jump Start Of the Week, Stocks Rally

1 March, 2021 (8:23 am IST)

28 February 2021 (9:52 pm EST)

World stock markets have jump started this new week and global stocks are rallying with big numbers, thanks to an equally big rally in US stock futures.

After last week’s crash, US stock futures have turned positive and the margins are quite big. Dow Jones futures are more than 200 points up at the time of writing.

In Asia, all major stock markets are rallying, with enthusiasm. Japan’s Nikkei index is more than 2% up at this hour. SGX Nifty, futures of India’s Nifty 50, is almost 200 points up in early trading, indicating a positive opening in Indian stock markets.

How To Day Trade:

  1. Gap up openings make it difficult to day trade, and day traders need to wait for a dip to open their long trades.
  2. World stock markets are trading highly positive at this hour and this trend will depend on how US stock futures trade in the coming hours.
  3. Also, in some markets, local economy may prevail on their local stock markets.
  4. Therefore, we can expect highly volatile intraday trend in world stock markets.
  5. For successful day trading, small traders must remember that money management techniques are as important as day trading strategies.
  6. So, trade with the positive trend, but put stop loss in all your trade.
  7. Use Moving Averages and trendlines in 15-minutes and hourly charts to find trade entry and exit points and let your profits run after that.

Unlike last week, this week world stock markets are rallying in the first session of this week. All major markets are trading with big gains. We’ll wait and see if global stocks rally the whole week or reverse their trend somewhere in between.

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