26 April 2017 (8:55 AM IST)
25 April 2017 (11:25 PM EDT)
Global stock markets have started a new session with high numbers in Asia, after U.S. markets closed with high numbers overnight. That rally has brought positive numbers all around in Asian stock trading session.
This positive trend is also strengthen by relief on political news from euro zone that has been troubled with rise of some right wing public sentiment.
European and U.S. markets are rallying after the first round of the French presidential elections did not throw any unexpected results and now, talks of Trump’s stimulus are back, providing markets renewed hopes and more surge to stocks.
Right now, Asian markets are trading, SGX Nifty is also positive but U.S. and European stock futures are trading with only minor gains. That means, these trend setting markets may turn range bound at current levels. still, any index trading above previous session’s high level will have chances of more gains.
Watch how your local index trades (uptrend or range bound) and follow the intraday trading pattern.