Indian Stock Markets Today: Volatile Within a Broad Range

22 November 2019 ( 9:06 am IST)

Indian stock markets had closed near the day’s low yesterday, which is a negative signal. Major indexes are still trading within their important support and resistance levels, so that range bound trading pattern will continue which we have been witnessing in these markets since the last three weeks.

The intraday range level  are available on our Pivot trading page.  For major indexes, these levels are: 

Indian stock markets are expected to trade with typical volatility and remain within their last 3 weeks’ major range levels.  Day trader should watch these long term support and resistance levels, and trade with the short term trend as indicated by the technical signals.

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World Stock Markets Today: Mostly Positive After a Correction

22 November 2019 ( 9:06 am IST)

21 November 2019 (10:33 pm EST)

US stock markets had a mixed closing in their overnight session, and today US stock futures are trading positive, indicating that the correction might be over.

Major Asian stock markets are also trading mostly positive following the recovery in US stocks. At the time of writing, US and European stock futures are trading positive, SGX Nifty is trading slightly down indicating that the range bound trend in the Indian stock markets will continue.

For day trading, the best trading strategy is always to follow the technical signals and trade with the dominating trend. This week the trend is range bound so day readers should watch both support and resistance levels, and follow the short term trend between these levels.

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Indian Stock Markets Today: Range bound, Highly Volatile

21 November 2019 ( 8:58 am IST)

As we wrote previously, Indian stock markets are trading within their last 3 weeks’ range. This range bound trading pattern has been very volatile since major indexes are roaming between their important support and resistance levels.

The support levels have been very strong in this range bound trading pattern. Nifty has been in a minor uptrend and has been making “higher lows”  on technical charts. It is now trading at 12,000 which is acting as both resistance and support, making the index highly volatile.

Markets tend to become very volatile in range bound trading pattern, and day traders have to be  alert and ready to book profits near minor support and resistance levels. That is how your trading strategy should be in Nifty, as long as this index is range bound.

We have given intraday range level  on our Pivot trading page.  For major indexes, these levels are: 

Expect Indian stock markets to trade with high volatility, with a range bound trading pattern. For day trading, the best trading strategy will be to follow technical signals and trade near minor support and resistance levels for small profits.  Big profits will come when markets will trend in any one direction.

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World Stock Markets Today: Negative, as Trade Worries Return

21 November 2019 ( 8:58 am IST)

20 November 2019 (10:28 pm EST)

World stock markets, especially US stock markets have been rallying on hopes of a trade deal between the US and China.

Now it seems that this trade deal will not be completed in 2019. World stock markets have turned negative as worries about tariff problems between the US and China return.

US stock market had closed negative in their overnight session. All major Asian stock markets are trading negative in their new session today. SGX Nifty is slightly down. US and European stock futures are also highly negative at this hour.

Overall, a negative trend is dominating global stock markets today. The support of a trade deal between the US and China has been taken away from world stock market, and the earlier rally is now turning into a minor downtrend.

Global stocks are still within their previous range, therefore we can say that markets are having a minor downtrend within a range. Day traders should use technical indicators and trade with this downtrend.

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Indian Stock Markets Today: Higher Open, Range bound Trend

20 November 2019 ( (9:25 am IST)

Yesterday, Nifty had bounced back from its day’s low levels, and rallied to close at the day’s high level.  That was a very positive signal and following that signal, today Nifty opened at 12,000, but couldn’t sustain that level. This indicates a range bound trend in the index. Nifty has been trading in a broad range with minor up and down trend, within the same support and resistance levels.

Day traders should keep in mind these levels and trade with the minor trend. We have provided Delhi range levels  on our Pivot trading page  that can help in intraday trading.. These levels are: 

Expect  Indian stock markets to trade with high volatility and remain range bound even after a higher opening. This range has been going on for the last 3 weeks. On weekly charts, Nifty is looking very strong, and seems poised for a  breakout. Day traders must follow how market trade instead of trying to find any logic in these markets. Indian stock markets are highly manipulated and if these markets are trying to go higher, that means the inside news is good, even though the economic conditions are very bad.

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World Stock Markets Today: Mixed, Volatile Trend

20 November 2019 ( (9:10 am IST)

19 November 2019 (10:40 pm EST)

US stock markets had the first negative closing in their overnight session since Dow Jones broke out of its yearly range.

Today in Asia session, US and European stock futures are trading negative again, indicating that the turn down will continue in this session too.

Following the negative trend in the US stock markets, all major Asian Asian stock market trading negative. SGX Nifty was late but Indian stock markets are showing positive pre-open numbers.

A minor down trend in US stock markets is expected to dominate the intraday global trend, but overall, the trend is range bound. Day traders should follow the technical Signals and trading strategies for range bound markets. Market volatility is expected to remain high.

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Indian Stock Markets Today: Volatile, Range bound Trend

19 November 2019 ( (8:55 am IST)

Indian stock markets traded in a narrow range yesterday, and stayed within their previous trading range. SGX Nifty had fallen in its overnight station, but this Nifty futures index has recovered those losses and at the time of writing, is trading with minor losses.

This type of narrow range usually ants with a big trend weather in up or down direction.  Day traders will have to wait till market movers decide to break this range and make markets trend in any one direction.

Intraday Range Rover levels are given on our  Pivot trading page. These can be used for day trading. For Major indexes, these levels are: 

Indian stock markets are showing strong support and strong resistance,  which is keeping this markets in a range. These market conditions are not good for option buyers, but option sellers make good profits in such trading conditions.  For day trading, it will be prudent to watch both support and resistance levels and trade with the short-term trend in whichever direction it goes.

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World Stock Markets Today: Extremely Choppy, Range bound Trend

19 November 2019 ( (8:55 am IST)

18 November 2019 (10:25 pm EST)

World stock markets are going through a very choppy phase, where the trend often turns rangebound during an overall uptrend.

This is clear by the trading pattern in US stock markets, where, after Friday’s really; major indexes traded in a narrow range in their overnight session.

Today Asian stock markets are following that choppy trend and trading with mixed numbers. SGX Nifty is slightly down, showing the range bound pattern will continue in this index and the Indian stock markets. US and European stock futures are trading with minor positive numbers, indicating an uncertain trend has taken over after the previous rally.

Such choppy sessions make day trading a difficult task. Day traders will have to watch their local trend and trade with the technical signals, within important support and resistance levels. Do not expect bigger profits in such market conditions. Volatility levels will be higher.

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Indian Stock Markets Today: Volatile, Range Bound Trend

18 November 2019 ( (8:39 am IST)

Indian stock markets had traded range bound in the last week. In the last session on Friday, Nifty had fallen steeply in the closing hour; indicating that resistance levels are still strong in this index.

SGX Nifty is trading flat in this session, waiting for Nifty to open and decide for a trend. On 5-hour charts,  Nifty has created a higher range between the previous session’s high and low levels. This was a hundred points range, between 11,970 and 11,870. Today, the index could trade between the same range, or trade down towards 11,800.

We have provided intraday range levels on our  Pivot trading page. For Major indexes, these levels are: 

Indian stock markets are expected to trade with high volatility, in a range bound trend. In the last session, the minor trend line was broken when Nifty surged higher. Today, day traders should wait and watch what will be the trading range of this index. The overall trend has now become sideways,  and Nifty and broader stock markets are expected to trade within a broad range with minor up and down trends.

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World Stock Markets Today: Volatile, Mixed Trading Pattern

18 November 2019 ( (8:39 am IST)

17 November 2019 (10:09 pm EST)

In Asia, world stock markets have opened today with mostly negative numbers, and a mixed trading pattern; even after a huge rally in US stock markets last Friday.

At the time of writing, US and European stock futures are trading with minor negative numbers. Major Asian stock markets are trading mixed. SGX Nifty is flat, indicating a similar opening in the Indian stock markets.

There is no dominating trend in global stocks at this hour. Therefore, for day trading, traders should rely on technical indicators and the trend in their local stock markets.

This is the start of a new week, so today’s closing levels could indicate how this week is going to proceed in world stock markets.

Day traders should keep in mind the last session’s high and low levels. Any index or stock trading above the previous high level will probably see more gains. And any index that falls below the previous session’s low-level, could see more losses in this session.

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