Indian Stock Markets Today: A Possible Trend Reversal

14 January 2020, (9:08 am IST)

SGX Nifty is showing flat numbers but actually, this futures index of Nifty had opened high and from there, it has been declining in an almost straight line.

Yesterday, Nifty had also traded in a small range, hinting at resistance at day’s high levels.

After a rally, such indications signal a possible trend reversal. So, day traders should keep in mind this possibility for Indian stock markets.

Intraday range levels are given on our  Pivot Trading page . These levels are: 

Indian stock markets are giving signals of a trend reversal from current levels. Global cues are also turning negative. We may see a negative session in Indian stock markets today. 

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