Pre Market Opening Nse for 3rd Jan 2023

Pre Market Opening Nse for 3rd Jan 2023 shows Atal support for Nifty.

Nifty is backed greatly by retail investors entering the market with cash at every fall.

 

Watch Nifty Pre Open Analysis, on Video Here:

 

1) Pre Market Opening Nse for 3rd Jan 2023

1. Support is a sweetheart like a mother to raise the kid Nifty with shoulder support every time it’s tested!
2. Now that the lower trend line is broken, we are on the way up to an extent.
3. However, the 5 minutes chart in Nifty actually shows a different story of touching the highest Bollinger levels, meaning lower for Nifty again.
4. We are headed for the next level of resistance at 18280 levels, however, Asian markets aren’t a game yet.

 

2) SGX Nifty Trend for Today on 3rd January 2023:

Today on 3rd Jan 2023 SGX Nifty is showing a 73 Points Lower move at around 7:06 AM when I am writing this article.

SGX Nifty Trend on the Live Chart denotes that the Indian Markets will react NEGATIVE.

So Indian markets especially Nifty Trend Today would have a NEGATIVE start.

 

3) World Market Analysis for 3rd Jan 2023:

S&P 500: 9.78 (-0.25%)
NASDAQ: 11.29 (-0.1%)
Dow Jones: 73.55 (-0.22%)
Nikkei: 0.83 (+0.00%)

PS: Since US and Japanese markets were not functioning the last 3 days, we can’t take any backing from these markets. 

 

4) Nifty Supports and Resistances:

Nifty Supports: 18159, 18100, 18070, 17816, 17637,

Nifty Resistances: 18200, 18269, 18411, 18428, 18611
GOOD READ: How To Choose The Best Option Strike Price For Landmark Success?

 

5) Pre Market Opening Nse for 3rd Jan 2023 Conclusion

1. If we take a perspective of the daily chart, Nifty is moving sideways, and today it may test the support for the due pays.
2. 5 Minutes Nifty chart shows the market to be in an uptrend and has hit the highest Bollinger band to break the monotony and now seek a downtrend.
3. Not to forget 18250 is a strong resistance for Nifty, so the highs are drowned with a drifty!
4. Pre market opening nse is in jeopardy as bulls and beards have the same jaws of leopardy!
5. The directional movement indicator in the daily chart is at the lowest level meaning, the trend is in no mood to revel.

All in all, today Nifty will see some NEGATIVE moves in the beginning and may scale to support of lower levels today.

MUST-READ: Can Day Trading Make You Rich For an Exhilarated Excuse-Free Life?

Considering the trends globally and Technical Analysis Nifty Trend Today will start NEGATIVE.

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