18 May 2020 (8:27 am IST)
17 May 2020 (10:57 pm EDT)
A new week has started in world stock markets and almost all markets are positive at the time of writing.
All major Asian stock markets are trading with healthy gains at this hour.
US and European stock futures are also rallying.
The only exception is SGX Nifty, which is slightly negative in early trading. This indicates a negative or flat opening in Indian stock markets.
This is the opening session of this week, and if world stock markets continue to trade positive then we can expect a positive weekly trend after volatility of the last two weeks.
Day traders should follow the minor uptrend in their markets but be alert for any choppiness later in the session.