Indian Stock Markets Today: Negative Start, Downtrend

28 July, 2021 (7:58 am IST)

SGX Nifty is highly negative, following the global markets, and Indian stock markets will also open with a gap down.

Yesterday, Indian stock markets had a positive opening, but traded in a very small range, indicating that they have now created a lower range top.

How To Trade Nifty Today:

  1. Nifty had earlier found resistance near 15,900, but now this has come down and yesterday, Nifty showed, it is now finding difficult to break the resistance level of 15,800.
  2. Day traders should pay attention to new (and lower) support and resistance levels of Nifty and trade between those levels.
  3. A lower opening in Nifty, as suggested by SGX Nifty, will result in some recovery because of technical reasons.
  4. But don’t expect Nifty to recover much, since the global trend is also highly negative today.
  5. It is a session to follow the minor downtrend and that’s what day traders should do.

Indian stock markets are going to open with a gap down, as global stock markets fall. The broader trend is rangebound and Indian stock markets are also trading with minor up and down trends within their own range.

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World Stock Market Today: Highly Negative Trend, US Stock Futures Drop

World stock markets are trading highly negative in this last session of the week,  as US  stock futures drop with big margins.

At the time of writing,  Dow Jones futures have fallen 132 points.

In Asia, all major stock markets  are trading  negative. Japan’s  Nikkei index is leading with more than 1% loss. Other markets like China,  Australia, Hong Kong, and South Korea  are also negative..

SGX Nifty has fallen 100 points,  indicating a  lower opening for Indian stock market.

This is nothing but world stock market trading within their range, with a minor downtrend.   As we keep writing, stock markets are rangebound and and keep showing up and down trend. Today, weekly profit booking is pushing the markets down.

 How To Day Trade Today: 

  1. World stock markets are trading in a strong downtrend in this session. 
  2. Day traders should follow this trend and open short positions whenever the price recovers, even by small margins.
  3. Today is the day to use Moving Averages between horizontal support and resistance levels.
  4. As we previously wrote, you can obtain these  levels by drawing horizontal lines on weekly charts.

World stock markets are trading with highly negative numbers in this session. However, the overall trend is rangebound. Markets will trade within the upper and lower boundaries of this same range.

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Indian Stock Markets Today: Previous Down Trend May Return

29 July, 2021 (7:40 am IST)

SGX Nifty is slightly negative at this hour, so we might see a flat opening in Indian stock markets today.

Yesterday was a fabulous day for day traders in these markets because they got to trade both in up and down directions with big margins. That is the benefit of being ‘trend neutral’ instead of being bullish or bearish.

Today, we may see a repeat of yesterday’s downtrend in Indian stock markets. If that happens, then these markets may touch yesterday’s low point once again.

Today, Nifty and Bank Nifty will have their weekly Options expiry, which may keep these markets more volatile than usual.

How To Trade Nifty Today:

  1. Nifty’s trading range will be within this week’s high and low levels.
  2. SGX Nifty is showing weakness, so Nifty may also trade with weakness.
  3. In that situation, day traders should wait for Nifty to turn down from a resistance level, then open short trades.
  4. However, if Nifty bounces from a support level then opening long position would be better.
  5. Wait for the first 15 minutes to see how Nifty is trading.
  6. Follow the minor trend after that, within the immediate trading range.
  7. This range will be yesterday’s high and low levels.

Indian stock markets are expected to open flat and trade rangebound. This could be a downtrend like yesterday, of a minor uptrend after the opening hour.

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World Stock Markets Today: Mixed Trend On Regional Cues

29 July, 2021 (7:22 am IST)

28 July, 2021 (9:52 pm EDT)

World stock markets are showing a mixed trend on regional cues.

US stock markets had a mixed closing in their overnight session. Dow Jones closed slightly negative but Nasdaq rallied 100 points.

In Asia too, this reversal of fortunes is being seen in Hong Kong stock markets where the main index Hang Send is up by 2% after big falls earlier this week. Other major stock markets like Japan, China, Australia, and South Korea are also trading positive.

But US stock futures are negative, although with small margins. SGX Nifty is following this negative trend and trading near its previous close. It seems that Indian stock markets will follow this pattern and open with thinly positive or negative numbers.

How To Day Trade Today:

  1. In Asia, all major stock markets are trading positive so day traders in that region can open long positions and trade with the minor positive trend.
  2. For Indian traders, SGX Nifty is not showing support so we might see a negative trend in those markets, and day traders might get a chance to trade with a negative trend in those markets.
  3. US stock futures are negative after the Federal Reserve kept its interest rates near zero.
  4. So, traders in US may see another negative day as far as Dow Jones is concerned.
  5. European stock markets follow the trend in US stock markets, so we may see a negative trend in those markets too.
  6. Follow the trend in your local markets and trade carefully.
  7. Markets will stay highly volatile and the broader trend is rangebound in world stock markets.

World stock markets are restricted by a broad range and trading rangebound for a couple of months now. This gives trades excellent chances to trade up and down even in a single session. Remember, no matter what anyone says, there is no substitute of hard work. If you want to earn money from stock markets, don’t think it is easy. Learn as much as you can and then apply that knowledge to markets. Watch markets for months without trading and learn how signals and indicators behave when the price moves. Then control your feelings and trade with a neutral attitude to trends. Only after that you’ll be able to earn profits from stock markets.

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Indian Stock Markets Today: Range Bound And Volatile

28 July, 2021 (8:37 am IST)

 

Indian stock market had fallen in the second half of the previous session.

Today SGX Nifty is positive but with a small margin.

This indicates that Indian stock market may stay below their important support levels, which may act as a resistance now.

 How To Trade Nifty Today:  

  1. Nifty had a strong support at 15,800 level. 
  2. Yesterday, this support was broken.  
  3. Today, SGX Nifty  is not showing any strength. So Nifty can trend in any of the two directions.
  4. Nifty may continue to fall, or it will bounce back from the support level.  
  5. Day traders should be ready for any trend and trade with that minor trend.
  6. Nifty will remain highly volatile as we have seen in the past many sessions, which is a common feature of the range bound markets.

Indian stock markets are expected to open with slightly positive numbers.  after that this market can recover from their lower levels,  or continue to slide down like they did yesterday.

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World Stock Markets Today: Highly Volatile and Range Bound Session

28 July, 2021 (8:37 am IST)

27 July, 2021 (11:06 pm EDT)

US Stock market closed negative  in their overnight session.  Nasdaq  fell nearly 200 points.  Other major indexes also closed with negative numbers.

Major Asian stock stock markets are trading negative. Hong Kong markets have been falling for the last two sessions, today these markets are showing signs of recovery. 

SGX Nifty was 34 points up, but then, this futures index of India’s Nifty 50 lost much of the gains and is now trading only 16 points higher. This indicates that Indian stock markets may continue their previous negative trend. 

US  stock futures are trading between red and green numbers. These numbers will dominate the global trend in this whole session.

How To Day Trade Today:

  1. For many weeks, world stock markets have been trading range bound.
  2. Today also, that range bound trading pattern will continue.
  3. Day traders should follow the local trend and trade between the support and resistance levels.
  4. They can obtain these levels from weekly charts,  by drawing  horizontal lines on top and bottom levels.
  5. Do not expect big profits,  but accumulate small profits that will become big in a few days,  if you trade correctly.

World stock markets are trading range bound and this is a good opportunity to trade up or down from support and resistance levels. Day traders should focus only on these levels and forget about trend lines and moving averages, which don’t work in range bound markets.

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Indian Stock Markets Today: Rangebound, Volatile Trading Pattern

27 July, 2021 (8:37 am IST)

Indian stock markets had traded rangebound yesterday, with a highly volatile pattern of trading up and down, but closing near the opening levels.

This week, Nifty is strictly range bound, trading in a 100 points range, but so volatile that traders stop losses get hit on both up and down side.

SGX Nifty is 40 points up now, which shows that Indian stock markets will open higher. Day traders should watch and decide which side they want to trade; up or down. Then trade with the minor trend in that direction.

How To Trade Nifty Today:

  1. Nifty has been strictly range bound in the last two session and in the last couple of weeks.
  2. This provides day traders fixed support and resistance levels.
  3. Trade between those levels with a stop loss. Nifty has been trading in a very volatile manner that’s why no trade should be left open without a stop loss.
  4. Yesterday, Nifty found support near 15,800 and resistance near 15,900.
  5. Traders should watch these levels and be cautious about a trend reversal near these levels.
  6. Trade with the minor trend between weekly support and resistance levels.
  7. There is no other way to trade a rangebound pattern.
  8. Trade only once or twice, whether you make profit or not. Otherwise, you’ll fall in the trap of overtrading and lose money.

Indian stock markets are set for a higher opening. These markets have been trading in a box of ranges; big, small, and smaller ranges. In other words, in monthly, weekly, and daily range. This week, a smaller range is in effect.

There is a possibility that Indian stock markets will try to rise further within their big range. Day traders should watch resistance levels after the opening and trade with the minor trend; whether it is up or down.

Rangebound markets provide excellent chance of learning how to trade in both direction and become a neutral trader, instead of being bullish or bearish traders.

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World Stock Markets Today: Mixed Trend, Range Bound Trading

27 July, 2021 (8:37 am IST)

26 July, 2021 (11:07 pm EDT)

World stock markets  are trading mostly positive in this session. 

 US Stock Market closed with positive numbers in their overnight session.

But in Asia, markets are showing mixed trends. Leading markets like Japan and Australia are trading in the green. However, Chinaand Hong Kong stock markets are trading in the red. 

SGX Nifty is 34 points up,  showing that Indian stock markets will also have a positive opening.

Range bound markets give smaller profits, but trading this trend  is the easiest thing.  You just have to trade between specific support and resistance levels. You can find these labels on weekly charts by drawing horizontal lines from highest to lowest points.

 How to day trade today:

  1. World stock markets are volatile  and show different trends, mostly on regional cues.
  2. Day traders should focus on their local trend and follow the minor trend between support and resistance level.
  3. Expect only minor profits.
  4. Keep stop loss in all open positions and trade only once or twice.
  5. Trade only from support or resistance levels.
  6. Do not open positions when the price is between these levels.
  7. But start trading when the price reaches thee levels and signals a reversal.

World stock markets are trading mixed in Asia. US Stock futures are positive, SGX Nifty is positive, and China and Hong Kong markets are negative. Traders should trade according to the trend in their local markets.

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Indian Stock Markets Today: Gap Down Open, Range Bound Trend

26 July, 2021 (8:43 am IST)

SGX Nifty follows the trend of US stock futures.  

At the time of writing , Dow Jones futures are  tumbling towards a 200 points loss,  and SGX Nifty is also down by more than 1oo points.

It means, Indian stock market will also open with a gap down.  After that, these markets may try to recover in the first half, but once European stock markets open, these markets may start falling again.

Day traders should watch how Nifty trades and then follow the trend.  Those who want to open long positions, can take advantage of the recovery in the first half. Those who want to open short positions, can watch for a fall in the second half.

How To Trade Nifty Today: 

  1. In its  last session, Nifty had traded both up and down and closed near  the opening level. 
  2. This had created a Doji candlestick on technical charts.
  3. Today’s lower opening will create a new, small range for Nifty.
  4. Day traders  should trade between the support and resistance of this new range.
  5. World stock markets  are trading range bound overall.
  6. It is  good for day traders who  like to trade within  fixed support and resistance levels, with small profits.
  7. But those who seek bigger profits will be disappointed in range bound markets.
  8. Nifty may trade  in different patterns in the first and second half.
  9. Day traders should watch carefully and follow the minor trend.

Indian markets will  open with a gap down. After that, these markets are expected to follow the negative global trend. Markets may stay highly volatile.

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World Stock Markets Today: Negative Trend in Most Markets

26 July, 2021 (8:13 am IST)

25 July, 2021 (10:43 pm EDT)

World stock markets are  trading negative,  as expected.  Dow Jones  futures have fallen more than 150 points, dragging world stock markets along with.

However,  Asian stock markets are trading mixed. Markets in Japan and Australia are  trading positive but in Hong Kong, markets have dropped 2%.

As we keep writing, world stock markets  have been trading in a broad range. World stock markets had closed at the range top last week, so it was expected markets will fall this week and travel down to their support level.

SGX Nifty is following the lower trend in US stock futures by falling 110 points.

How To Day Trade Today: 

  1. World stock markets are  trading mixed. 
  2. Day traders should watch the trend in their local market and follow it. 
  3. In markets like Australia and Japan,  where the trend is positive, day traders can open long positions. 
  4. However, they should  stay alert for any trend change. 
  5. Day traders, where markets are falling, can open short positions and let their profits run as long as the price follows the lower trendline.
  6. Money management techniques are always necessary, especially in mixed markets like these.

US stock futures are highly negative at the time of writing,  therefore world stock markets are also falling with big margins. Day trading is not easy in such volatile markets,  and day traders should remember to follow the technical indicators. We can expect this week to stay negative in body stop markets,  trading within the last two months’ range. 

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