11 February 2019 (9:03 am IST)
10 February 2019 (10:33 pm EST)
As we had discussed earlier, world stock markets have stared the new week with subdued numbers.
U.S. and European stock futures are slightly negative. Major Asian stock markets are trading with mixed numbers. SGX Nifty has bee trading lower and Indian stock markets are getting ready to open with negative numbers.
Expect a choppy and mixed trend in global stocks where last week’s closing levels might act as a new resistance in various markets.
Day traders should watch intraday support and resistance levels in their local markets and try to find suitable short selling opportunity near higher levels.