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Nifty Trend Today would outline the Foresight for Nifty’s Trend To Be in Today’s Session.

As you all know my love for trading Nifty, I’d like to introduce a new segment that would be updated daily called Nifty Trend Today.

ravishing raaga with raghu dixit

Nifty Trend Today would be a class of layman’s understanding of the Nifty Trend which Nifty would follow for today.

Let’s Join Hands for what Nifty Trend for the Day Would be.

Good Read: What Makes Options Trading in India a Lucrative Job?

 

Nifty Trend for 30th July 2020:

1) SGX Nifty Live Update for 30th July 2020:

sgx nifty live chart

 

Today on 30th July 2020 SGX Nifty is showing just 20 Points HIGHER move at around 8:10 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react POSITIVE.

So Indian markets especially Nifty Today Would have a POSITIVE start.

 

2) World Market Live for 30 July 2020:

S&P (Friday) : +40 (+1.24%)
Nasdaq: +140.851 (+1.35%)
DowJones: +160.29 (+0.61%)
Nikkei: 12.45 0.06%
Hangseng: 110.38 (0.45%)

Looking at the Global Indices reacting to today’s global markets, Indian Markets especially Nifty Trend for Today would be reacting POSITIVE.

 

3) Nifty Technical Analysis for 30th July 2020:

Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 30th July 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 9 months to lowest in the past 9 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

 

NIFTY SUPPORT AND RESISTANCE FOR 30 JULY 2020:

Support for Nifty: 11132, 11084, 11000, 10942, 10827, 10742, and 10554
Resistance:  11217, 11271, 11387

Today we will open a positive start and further move higher towards 11217 to 11271 levels.

Nifty Trend Today will move towards 11217 to 271 on the higher side and if barred 11387 levels are inevitable. It may see the resistance and may again move to 11132 levels. If Nifty can’t hold above 11132 levels then the levels of 11000-10942 levels are inevitable in today’s /upcoming sessions.

Fast Stochastic is at 82.2 hugely increased due to the UP Move in Tuesday session denoting Down Move possibility as fast stochastic is in Over Bought Zone.

Slow Stochastic is at 87.99 for Nifty denoting a UP or a Down Move possibility as slow stochastic is in Over Bought Zone.

MACD is just Slightly Positive with a divergence of 6.14 and is following the Price action now of Nifty meaning the Nifty Trend for the long term is slightly UP.

 

Conclusion: Considering all the World Market Moves (POSITIVE), SGX Nifty Live(POSITIVE ), US Markets (POSITIVE) move and, at last, the Technical Analysis, Nifty will open POSITIVE and later may move HIGHER to 11217 to 11271 levels and if crossed 11372 are inevitable and IF 11271 is not crossed effectively then again the 11132 LEVELS are seen again. If support is barred then 11000 can’t be ruled out which means Nifty Trend Today is POSITIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

 

Nifty Trend for 27th July 2020:

1) SGX Nifty Live Update for 27th July 2020:

 

sgx nifty live chart

 

Today on 27th July 2020 SGX Nifty is showing just 45 Points HIGHER move at around 8:30 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react POSITIVE.

So Indian markets especially Nifty Today Would have a POSITIVE start.

 

2) World Market Live for 27 July 2020:

S&P (Friday) : -20.03 (-0.62%)
Nasdaq: -98.24 (-0.94%)
DowJones: -182.44( -0.68%)

Nikkei: -122.31(-0.54%)
Hangseng: -557.67(2.21%)

Looking at the Global Indices reacting to today’s global markets, Indian Markets especially Nifty Trend for Today would be reacting NEGATIVE.

 

3) Nifty Technical Analysis for 27th July 2020:

Nifty Trend Today 

 

Assumptions in the Nifty Trend chart for today i.e. 27th July 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 9 months to lowest in the past 9 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

NIFTY SUPPORT AND RESISTANCE FOR 27 JULY 2020:

Support for Nifty: 11132, 11084, 11000, 10942, 10827, 10742, 10554
Resistance:  11217, 11271, 11387

Today we will open a positive start and further move higher towards 11217 levels.

Nifty Trend Today will move towards 11217 on the higher side and may see the resistance and may again move to 11132 levels. If Nifty can’t hold above 11132 levels then the levels of 11000-10942 levels are inevitable in today’s /upcoming sessions.

Fast Stochastic is at 93.26 hugely increased due to the UP Move in Friday’s session denoting Down Move possibility as fast stochastic is in Over Bought Zone.

Slow Stochastic is at 91.35 for Nifty denoting a UP or a Down Move possibility as slow stochastic is in Over Bought Zone.

MACD is just Slightly Positive with a divergence of 17.58 and is following the Price action now of Nifty meaning the Nifty Trend for the long term is slightly UP.

Conclusion: Considering all the World Market Moves (Slightly NEGATIVE), SGX Nifty Live(POSITIVE ), US Markets (NEGATIVE) move and, at last, the Technical Analysis, Nifty will open POSITIVE and later may move HIGHER to 11217 levels and IF that is not crossed effectively then again the 11132 LEVELS are seen again. If support is barred then 11000 can’t be ruled out which means Nifty Trend Today is POSITIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

 

Nifty Trend for 22nd July 2020:

1) SGX Nifty Live Update for 22 July 2020: sgxnifty live chart

 

 

Today on 22nd July 2020 SGX Nifty is showing just 14 Points DOWN move at around 7:20 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react POSITIVE.

So Indian markets especially Nifty Today Would have a POSITIVE start.

 

2) World Market Live for 22 July 2020:

S&P (Thursday) : +5.46 (+0.17%)
Nasdaq: -86.728 (-0.81%)
DowJones: +159.53 (+0.6%)

Nikkei: -67.71(-0.30%)
Hangseng: 577.67(2.31%)

Looking at the Global Indices reacting to today’s global markets, Indian Markets especially Nifty Trend for Today would be reacting POSITIVE.

 

3) Nifty Technical Analysis for 22nd July 2020:

 

Nifty Trend Today

Assumptions in the Nifty Trend chart for today i.e. 22nd July 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 9 months to lowest in the past 9 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

NIFTY SUPPORT AND RESISTANCE FOR 22 JULY 2020:

Support for Nifty: 11132, 11000, 10942, 10827, 10742, 10554
Resistance:  11217, 11271, 11387

Today we will open a positive start and further move higher towards 11217 levels.

Nifty Trend Today will move towards 11217 on the higher side and may see the resistance and may again move to 11132 levels. If Nifty can’t hold above 11132 levels then the levels of 11000-10942 levels are inevitable in today’s /upcoming sessions.

Fast Stochastic is at 97.51 hugely increased due to the UP Move in yesterday’s session denoting Down Move possibility as fast stochastic is in Over Bought Zone.

Slow Stochastic is at 96.87 for Nifty denoting a UP or a Down Move possibility as slow stochastic is in Over Bought Zone.

MACD is just Slightly Positive with a divergence of 10.97 and is following the Price action now of Nifty meaning the Nifty Trend for the long term is slightly UP.

Conclusion: Considering all the World Market Moves (Slightly NEGATIVE), SGX Nifty Live(POSITIVE ), US Markets (Slightly NEGATIVE) move and, at last, the Technical Analysis, Nifty will open POSITIVE and later may move HIGHER to 11217 levels and IF that is not crossed effectively then again the 11132 LEVELS are seen again. If support is barred then 11000 can’t be ruled out which means Nifty Trend Today is POSITIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

 

Nifty Trend for 17th July 2020:

1) SGX Nifty Live Update for 17 July 2020: 

sgx-nifty-live-chart

 

Today on 17th July 2020 SGX Nifty is showing a 78 Points UP move at around 8:20 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react POSITIVE.

So Indian markets especially Nifty Today Would have a POSITIVE start.

 

2) World Market Live for 17 July 2020:

S&P (Thursday) : -10.99 (-0.34%)
Nasdaq: -76.663 (-0.73%)
DowJones: -135.39 (-0.50%)

Nikkei: 3.59 (0.02%)
Hangseng: -510.89 (-2.00%)

Looking at the Global Indices reacting to today’s global markets, Indian Markets especially Nifty Trend for Today would be reacting NEGATIVE.

 

3) Nifty Technical Analysis for 17th July 2020:

 Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 17th July 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 9 months to lowest in the past 9 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

NIFTY SUPPORT AND RESISTANCE FOR 17 JULY 2020:

Support for Nifty: 10742, 10554, 10451, 10500, 10334, 10400, 10294
Resistance: 10827, 10942, 11000

Today we will open a positive start and further move higher towards 10827 levels.

Nifty Trend Today will move towards 10827 on the higher side and they may see the resistance and may again move to 10742 levels. If Nifty can’t hold above 10742 levels then the levels of 10680-10600 levels are inevitable in today’s /upcoming sessions. If 10742 can be held as support then 10827  is surely possible.

Fast Stochastic is at 77.02 hugely increased due to the UP Move in yesterday’s session denoting UP/Down Move possibility.

Slow Stochastic is at 64.96 for Nifty denoting a UP or a Down Move possibility.

MACD is just Slightly Negative with a divergence of -17.95 and is following the Price action now of Nifty meaning the Nifty Trend for the long term is slightly DOWN.

Conclusion: Considering all the World Market Moves (NEGATIVE), SGX Nifty Live(POSITIVE ), US Markets (NEGATIVE) move and, at last, the Technical Analysis, Nifty will open POSITIVE and later may move HIGHER to 10827 levels and IF that is not crossed effectively then again the 10742 LEVELS are seen again, if support is barred then 10554 can’t be ruled out which means Nifty Trend Today is POSITIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

 

Nifty Trend for 15th July 2020:

1) SGX Nifty Live Update for 15 July 2020: 

sgx-nifty-live-chart

 

Today on 15th July 2020 SGX Nifty is showing a 78 Points UP move at around 8:10 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react POSITIVE.

So Indian markets especially Nifty Today Would have a POSITIVE start.

 

2) World Market Live for 15 July 2020:

S&P (Monday) : +42.3 (+1.34%)
Nasdaq: +97.734 (+0.94%)
DowJones: +556.79 (+2.13%)

Nikkei: 321.55 (1.42%)
Hangseng: -294.23 (-1.14%)

Looking at the Global Indices reacting to today’s global markets, Indian Markets especially Nifty Trend for Today would be reacting POSITIVE.

 

3) Nifty Technical Analysis for 15th July 2020:

 Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 15th July 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

NIFTY SUPPORT AND RESISTANCE FOR 15 JULY 2020:

Support for Nifty: 10554, 10451, 10500, 10334, 10400, 10294
Resistance: 10742, 10827, 10942, 11000

Today we will open positive(DEAD CAT BOUNCE – meaning a deliberate unsustainable up move due to huge down move), but to sustain the highs the Support lows of 10600 should be held, as there are a good amount of resistance now.

Nifty Trend Today will move towards 10742 on the higher side and then may see the resistance and may again move to 10680 levels. If Nifty can’t hold above 10742 levels then the levels of 10680-10600 levels are inevitable in today’s /upcoming sessions. If 10742 can be barred then 10827  is surely possible.

Fast Stochastic is at 59.02 hugely down denoting the Nifty Trend has more room to come down or go up from here.

Slow Stochastic is at 77.91 for Nifty denoting an UP or a Down Move possibility.

MACD is just Slightly Negative with a divergence of -5.4 and is following the Price action now of Nifty meaning the Nifty Trend for the long term is slightly DOWN.

Conclusion: Considering all the World Market Moves (POSITIVE ), SGX Nifty Live(POSITIVE ), US Markets (POSITIVE ) move and, at last, the Technical Analysis, Nifty will open POSITIVE and later may move HIGHER to 10742 levels and IF that is crossed effectively then again the 10742 LEVELS are seen, if support is barred then 10554 can’t be ruled out which means Nifty Trend Today is POSITIVE .

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 14th July 2020:

1) SGX Nifty Live Update for 14 July 2020: 

sgx-nifty-live-charts

 

Today on 14th July 2020 SGX Nifty is showing a 66 Points DOWN move at around 8:10 AM when I am writing this article.

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

So Indian markets especially Nifty Today Would have a NEGATIVE start.

 

2) World Market Live for 14 July 2020:

S&P (Monday) : -29.82 (-0.94%)
Nasdaq: -226.6 (-2.13%)
DowJones: +10.5 (+0.04%)

Nikkei: -182.59 (-0.80%)
Hangseng: 44.71 (0.17%)

Looking at the Global Indices reacting to today’s global markets, Indian Markets especially Nifty Trend for Today would be reacting NEGATIVE.

 

3) Nifty Technical Analysis for 14th July 2020:

Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 14th July 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

NIFTY SUPPORT AND RESISTANCE FOR 14 JULY 2020:

Support for Nifty: 10742, 10554, 10451, 10500, 10334, 10400, 10294
Resistance: 10827, 10942, 11000

Today we will open negative, but may sustain the lows as there are a good amount of supports now.

Nifty Trend Today will move towards 10742 lower and then may see the support and may again move to 10827. If Nifty can’t hold above 10742 levels then the levels of 10680 levels are inevitable in today’s /upcoming sessions. If 10742 can be held then 10827  is surely possible.

Fast Stochastic is at 86.94 denoting the Nifty Trend has more room to come down from here.

Slow Stochastic is at 89.82 for Nifty denoting a Down Move possibility.

MACD is just Slightly Positive with a divergence of 10.61 and is following the Price action now of Nifty meaning the Nifty Trend for the long term is slightly UP.

Conclusion: Considering all the World Market Moves (NEGATIVE), SGX Nifty Live(NEGATIVE), US Markets (NEGATIVE) move and, at last, the Technical Analysis, Nifty will open NEGATIVE and later may move LOWER to 10742 levels and IF that is not crossed effectively then again the 10827 LEVELS if support is barred then 10680 can’t be ruled out which means Nifty Trend Today is NEGATIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 13th July 2020:

1) SGX Nifty Live Update for 13 July 2020: 

sgx-nifty-live-chart

 

Today on 13th July 2020 SGX Nifty is showing a 63 Points UP move at around 8:10 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react POSITIVE.

So Indian markets especially Nifty Today Would have a POSITIVE start.

 

2) World Market Live for 13 July 2020:

S&P (THURSDAY) : +32.99 (+1.05%)
Nasdaq: +69.693 (+0.66%)
DowJones: +369.21 (+1.44%)

Nikkei: 394.42 (1.77%)
Hangseng: -482.75 (-1.84%)

Looking at the Global Indices reacting to today’s global markets, Indian Markets especially Nifty Trend for Today would be reacting POSITIVE.

 

3) Nifty Technical Analysis for 13th July 2020:

Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 13th July 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

NIFTY SUPPORT AND RESISTANCE FOR 13 JULY 2020:

Support for Nifty: 10742, 10554, 10451, 10500, 10334, 10400, 10294
Resistance: 10827, 10942, 11000

Today we will open positive, but may not sustain the highs as there are more resistances now than supports.

Nifty Trend Today will move towards 10827 higher and then may see a resistance at 10827drag down. If Nifty can’t move above 10827 levels then the levels of 10742 levels are inevitable in today’s /upcoming sessions. If 10742 can be held then 10942 and 11000 is surely possible.

Fast Stochastic is at 87.79 denoting the Nifty Trend has more room to come down from here.

Slow Stochastic is at 88.06 for Nifty denoting a Down Move possibility.

MACD is just Slightly Positive with a divergence of 14.84 and is following the Price action now of Nifty meaning the Nifty Trend for the long term is UP.

Conclusion: Considering all the World Market Moves (POSITIVE), SGX Nifty Live(POSITIVE), US Markets (POSITIVE) move and, at last, the Technical Analysis, Nifty will open POSITIVE and later may move HIGHER to 10827 levels and IF that is not crossed effectively then again the 108742 LEVELS can’t be ruled out which means Nifty Trend Today is POSITIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 10th July 2020:

1) SGX Nifty Live Update for 10 July 2020: 

sgx-nifty-live-chart

 

Today on 10th July 2020 SGX Nifty is showing a 72 Points DOWN move at around 8:30 AM when I am writing this article.

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

So Indian markets especially Nifty Today Would have a NEGATIVE start.

 

2) World Market Live for 10 July 2020:

S&P (THURSDAY) : -17.89 (-0.56%)
Nasdaq: +55.25 (+0.53%)
DowJones: -361.19 (-1.39%)

Nikkei: -52.55 (-0.23%)
Hangseng: 80.98 (0.31%)

Looking at the Global Indices reacting to today’s global markets, Indian Markets especially Nifty Trend for Today would be reacting NEGATIVE.

 

3) Nifty Technical Analysis for 10th July 2020:

Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 10th July 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

NIFTY SUPPORT AND RESISTANCE FOR 10 JULY 2020:

Support for Nifty: 10742, 10554, 10451, 10500, 10334, 10400, 10294
Resistance: 10827, 10942, 11000

Today we will see that Nifty will be moving down towards 10742 levels and then rising higher. Nifty is constantly hitting DOJIs meaning the trend is not decided and is still ambiguous.

Nifty Trend Today will move towards 10742 down and then may rise to 10827 and higher. If Nifty can move above holding the support at 10742 levels then the levels of 10942 levels are inevitable in today’s /upcoming sessions. If 10742 can’t be held the Negativity till 10554 will seep in.

Fast Stochastic has increased a lot inside the overbought zone to 94.73  levels after the UP Move on Thursday denoting the Nifty Trend has more room to come down from here.

Slow Stochastic has risen to the level of 91.65 for Nifty denoting a Down Move possibility.

MACD is just Slightly Positive with a divergence of 20.32 and is following the Price action now of Nifty meaning the Nifty Trend for the long term is UP.

Conclusion: Considering all the World Market Moves (NEGATIVE), SGX Nifty Live(NEGATIVE), US Markets (NEGATIVE) move and, at last, the Technical Analysis, Nifty will open NEGATIVE and later may move Lower to 10742 levels and IF that is not crossed effectively then again the 10827 LEVELS can’t be ruled out which means Nifty Trend Today is NEGATIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 8th July 2020:

1) SGX Nifty Live Update for 8 July 2020: 

sgx-nifty-live-chart

 

Today on 8th July 2020 SGX Nifty is showing a 45 Points UP move at around 8:15 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react POSITIVE.

So Indian markets especially Nifty Today Would have a POSITIVE start.

 

2) World Market Live for 8 July 2020:

S&P (MONDAY) : -34.40 (-1.08%)
Nasdaq: -80.05 (-0.75%)
DowJones: -396.85 (-1.51%)

Nikkei: -43.14 (-0.19%)
Hangseng: -363.50 (-1.38%)

Looking at the Global Indices reacting to today’s global markets, Indian Markets especially Nifty Trend for Today would be reacting NEGATIVE.

 

3) Nifty Technical Analysis for 8th July 2020:

Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 8th July 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

NIFTY SUPPORT AND RESISTANCE FOR 8 JULY 2020:

Support for Nifty: 10742, 10554, 10451, 10500, 10334, 10400, 10294
Resistance: 10827, 10942, 11000

Today we will see that Nifty will be moving towards 10827 and then rising higher or lower. Nifty is constantly hitting DOJIs meaning the trend is not decided and is still ambiguous.

Nifty Trend Today will move towards 10827 and higher but should see if the EOD closing trade of Nifty would be above/below these levels. If Nifty can move above holding the support at 10742 levels and above the levels of 10942 levels are inevitable in today’s /upcoming sessions. If 10742 can’t be held the Negativity till 10554 will seep in.

Fast Stochastic has increased a lot inside the overbought zone to 98.58  levels after the UP Move on Tuesday denoting the Nifty Trend has more room to come down from here.

Slow Stochastic has risen to the level of 97 for Nifty denoting a Down Move possibility.

MACD is just Slightly Positive with a divergence of 25.48 and is following the Price action now of Nifty meaning the Nifty Trend for the long term is UP.

Conclusion: Considering all the World Market Moves (NEGATIVE), SGX Nifty Live(POSITIVE), US Markets (NEGATIVE) move and, at last, the Technical Analysis, Nifty will open POSITIVE and later may move Higher to 10827 levels and IF that is not crossed effectively then again the 10742 LEVELS can’t be ruled out which means Nifty Trend Today is NEGATIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 7th July 2020:

1) SGX Nifty Live Update for 7 July 2020: 

sgxnifty live chart

 

Today on 7th July 2020 SGX Nifty is showing a 39 Points Down move at around 7:55 AM when I am writing this article.

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

So Indian markets especially Nifty Today Would have a NEGATIVE start.

 

2) World Market Live for 7 July 2020:

S&P (MONDAY) : +49.71 (1.59%)
Nasdaq:  +262.17 (2.53%)
DowJones: +459.67 (1.78%)

Nikkei: -140.31 (-0.62%)
Hangseng: +966.04 (3.81%)

Looking at the Global Indices reacting to today’s global markets, Indian Markets especially Nifty Trend for Today would be reacting POSITIVE.

 

3) Nifty Technical Analysis for 7th July 2020:

Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 7th July 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

NIFTY SUPPORT AND RESISTANCE FOR 7 JULY 2020:

Support for Nifty: 10742, 10554, 10451, 10500, 10334, 10400, 10294
Resistance: 10827, 10942, 11000

Today we will see that Nifty will be moving towards 10742 and then rising higher.

Nifty Trend Today will move towards 10827 and higher but should see if the EOD closing trade of Nifty would be above/below these levels. If Nifty can move above holding the support at 10742 levels and above the levels of 10942 levels are inevitable in today’s /upcoming sessions. If 10742 can’t be held the Negativity till 10554 will seep in.

Fast Stochastic has increased a lot inside the overbought zone to 95.12  levels after the UP Move on Monday denoting the Nifty Trend has more room to come down from here.

Slow Stochastic has risen to the level of 95.71 for Nifty denoting a Down Move possibility.

MACD is just Slightly Positive with a divergence of 20.41 and is following the Price action now of Nifty meaning the Nifty Trend for the long term is UP.

Conclusion: Considering all the World Market Moves (POSITIVE), SGX Nifty Live(NEGATIVE), US Markets (POSITIVE) move and, at last, the Technical Analysis, Nifty will open NEGATIVE and later may move Higher to 10827 levels and IF that is not crossed effectively then again the 10742 LEVELS can’t be ruled out which means Nifty Trend Today is POSITIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 3rd July 2020:

1) SGX Nifty Live Update for 3 July 2020: 

sgx-nifty-chart-live

 

Today on 3rd July 2020 SGX Nifty is showing a 33 Points HIGHER move at around 8:05 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react POSITIVE.

So Indian markets especially Nifty Today Would have a POSITIVE start.

 

2) World Market Live for 3 July 2020:

S&P (WEDNESDAY) : +14.15 (+0.45%)
Nasdaq:  +53 (+0.52%)
DowJones: +92.39 (+0.36%)

Nikkei: +102.46 (0.46%)
Hangseng: +697.00 (2.85%)

Looking at the Global Indices reacting to today’s global markets, Indian Markets especially Nifty Trend for Today would be reacting POSITIVE.

 

3) Nifty Technical Analysis for 3rd July 2020:

Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 3rd July 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

NIFTY SUPPORT AND RESISTANCE FOR 3 JULY 2020:

Support for Nifty: 10451, 10500, 10334, 10400, 10294, 10218, 10181, 10158, 10040, 10000
Resistance: 10554, 10742

Today we will see that Nifty will be moving above 10554 levels.

Nifty Trend Today will move towards 10554 and higher but should see if the EOD closing trade of Nifty would be above/below these levels. If Nifty can move above holding the support at 10554 levels and above the levels of 10600 levels are inevitable in today’s /upcoming sessions. If 10554 can’t be held the Negativity till 10451 will seep in and further towards 10326.

Fast Stochastic has increased a lot inside the overbought zone to 94.67 levels after the UP Move on Thursday denoting the Nifty Trend has more room to come down from here.

Slow Stochastic has risen to the level of 85.86 for Nifty denoting a Down Move possibility.

MACD is just Slightly Positive with a divergence of 20.6 and is following the Price action now of Nifty meaning the Nifty Trend for the long term is UP.

Conclusion: Considering all the World Market Moves (POSITIVE), SGX Nifty Live(POSITIVE), US Markets (POSITIVE) move and, at last, the Technical Analysis, Nifty will open POSITIVE and later may move Higher to 10600 levels and IF 10554 LEVELS cant be held, then 10451 is surely possible, then further down to 10324 is also possible, which means Nifty Trend Today is POSITIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 2nd July 2020:

1) SGX Nifty Live Update for 2 July 2020: 

sgxnifty live chart

 

Today on 2nd July 2020 SGX Nifty is showing a 79 Points HIGHER move at around 8:15 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react POSITIVE.

So Indian markets especially Nifty Today Would have a POSITIVE start.

 

2) World Market Live for 2 July 2020:

S&P (WEDNESDAY) : +15.57 (+0.50%)
Nasdaq:  +95.864 (+0.95%)
DowJones: –77.91 (-0.30%)

Nikkei: 144.50 (0.65%)
Hangseng: +125.91 (+0.52%)

Looking at the Global Indices reacting to today’s global markets, Indian Markets especially Nifty Trend for Today would be reacting POSITIVE.

 

3) Nifty Technical Analysis for 2nd July 2020:

nifty trend today

 

Assumptions in the Nifty Trend chart for today i.e. 2nd July 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

 

NIFTY SUPPORT AND RESISTANCE FOR 2 JULY 2020:

Support for Nifty: 10334, 10400, 10294, 10218, 10181, 10158, 10040, 10000
Resistance: 10451, 10500, 10562, 10742

Today we will see that Nifty will be moving above 10451 levels.

Nifty Trend Today will move towards 10451 and higher but should see if the EOD closing trade of Nifty would be above/below these levels. If Nifty can move above holding the support at 10451 levels and above the levels of 10554 levels are inevitable in today’s /upcoming sessions. If 10451 can’t be held the Negativity till 10326 will seep in and further towards 10250.

Fast Stochastic has increased a lot  towards the overbought zone to 87.8 levels after the UP Move on Wednesday denoting the Nifty Trend has more room to come down from here.

Slow Stochastic has risen to the level of 79.69 for Nifty denoting a Down/UP Move possibility.

MACD is just Slightly Positive with a divergence of 19.7 and is following the Price action now of Nifty meaning the Nifty Trend for the long term is UP.

Conclusion: Considering all the World Market Moves (POSITIVE), SGX Nifty Live(POSITIVE), US Markets (POSITIVE) move and, at last, the Technical Analysis, Nifty will open POSITIVE and later may move Higher to 10451 levels and IF 10451 LEVELS cant be held, then 10326 is surely possible, then further down to 10250 is also possible, which means Nifty Trend Today is POSITIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 1st July 2020:

1) SGX Nifty Live Update for 1 July 2020: 

sgx-nifty-live-chart

 

Today on 1st July 2020 SGX Nifty is showing a 27 Points LOWER move at around 8:00 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react FLAT/NEGATIVE.

So Indian markets especially Nifty Today Would have a FLAT/NEGATIVE start.

 

2) World Market Live for 1 July 2020:

S&P (TUESDAY) : +47.05 (+1.54%)
Nasdaq: +184.612 (+1.87%)
DowJones: +217.08 (+0.85%)

Nikkei: 14.37 (0.06%)
Hangseng: +125.91 (+0.52%)

Looking at the Global Indices reacting to today’s global markets, Indian Markets especially Nifty Trend for Today would be reacting POSITIVE.

 

3) Nifty Technical Analysis for 1st July 2020:

Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 1st July 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

 

NIFTY SUPPORT AND RESISTANCE FOR 1st JLY 2020:

Support for Nifty: 10294, 10218, 10181, 10158, 10040, 10000
Resistance: 10334, 10400, 10451, 10500, 10562, 10742

Nifty is now seeing Sell on Rise Pressure and unable to cross the 100451 levels. So the Nifty trend is loitering around the levels of 10300.

Nifty Trend Today will move towards 10326 and higher but should see if the EOD closing trade of Nifty would be above/below these levels. If Nifty can move above holding the support at 10326 levels and above the levels of 10451 levels are inevitable in today’s /upcoming sessions. If 10326 can’t be held the Negativity till 10294 will seep in and further towards 10250.

Fast Stochastic has increased a bit towards the overbought zone to 75.11 levels after the DOWN Move on Tuesday denoting the Nifty Trend has more room to come down or go up from here.

Slow Stochastic has rose to the level of 78.13 for Nifty denoting a Down/UP Move possibility.

MACD is just Slightly Positive with a divergence of +0.37 and is not following the Price action now of Nifty meaning the Nifty Trend for the long term is DOWN.

Conclusion: Considering all the World Market Moves (POSITIVE), SGX Nifty Live(NEGATIVE), US Markets (POSITIVE) move and, at last, the Technical Analysis, Nifty will open FLAT/NEGATIVE and later may move lower to 10326 levels and IF 10324-334 LEVELS cant be held, then 10294 is surely possible, then further down to 10250 is also possible, which means Nifty Trend Today is POSITIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 30th June 2020:

1) SGX Nifty Live Update for 30 June 2020: 

sgx nifty live chart

 

Today on 30th June 2020 SGX Nifty is showing a 50 Points HIGHER move at around 8:10 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react POSITIVE.

So Indian markets especially Nifty Today Would have a POSITIVE start.

 

2) World Market Live for 30 June 2020:

S&P (FRIDAY) : +44.19 (+1.47%)
Nasdaq: +116.934 (+1.20%)
DowJones: +580.25 (+2.32%)

Nikkei: 368.19 (1.67%)
Hangseng: -248.71 (-1.01%)

Looking at the Global Indices reacting to today’s global markets, Indian Markets especially Nifty Trend for Today would be reacting POSITIVE.

 

3) Nifty Technical Analysis for 30th June 2020:

Nifty-Trend-Today

 

Assumptions in the Nifty Trend chart for today i.e. 30th June 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

 

NIFTY SUPPORT AND RESISTANCE FOR 30th JUNE 2020:

Support for Nifty: 10294, 10218, 10181, 10158, 10040, 10000
Resistance: 10451, 10500, 10562, 10742

Nifty Trend Today will move towards 10326 and higher but should see if the EOD closing trade of Nifty would be above/below these levels. If Nifty can move above holding the support at 10326 levels and above the levels of 10451 levels are inevitable in today’s /upcoming sessions. If 10326 can’t be held the Negativity till 10294 will seep in and further towards 10250.

Fast Stochastic has increased a bit towards overbought zone to 76.14 levels after the DOWN Move on Monday denoting the Nifty Trend has more room to come down or go up from here.

Slow Stochastic has dropped down from the overbought zone at 77.69 levels for Nifty denoting a Down/UP Move possibility.

MACD is just Slightly Positive with a divergence of +7.51 and is not following the Price action now of Nifty meaning the Nifty Trend for the long term is DOWN.

Conclusion: Considering all the World Market Moves (POSITIVE), SGX Nifty Live(POSITIVE), US Markets (POSITIVE) move and, at last, the Technical Analysis, Nifty will open POSITIVE and later may move lower to 10326 levels and IF 10324-334 LEVELS cant be held, then 10294 is surely possible, then further down to 10250 is also possible, which means Nifty Trend Today is POSITIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 29th June 2020:

1) SGX Nifty Live Update for 29 June 2020: 

sgx-nifty-live-chart

 

Today on 29th June 2020 SGX Nifty is showing a 49 Points DOWN move at around 8:05 AM when I am writing this article.

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

So Indian markets especially Nifty Today Would have a NEGATIVE start.

 

2) World Market Live for 29 June 2020:

S&P (FRIDAY) : -74.71 (-2.42%)
Nasdaq: -259.784 (-2.59%)
DowJones: -730.05 (-2.84%)

Nikkei: -268.11 (-1.19%)
Hangseng: -231.59 (-0.93%)

Looking at the Global Indices reacting to today’s global markets, Indian Markets especially Nifty Trend for Today would be reacting NEGATIVE.

 

3) Nifty Technical Analysis for 29th June 2020:

nifty-trend-today

 

Assumptions in the Nifty Trend chart for today i.e. 29th June 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

 

NIFTY SUPPORT AND RESISTANCE FOR 29th JUNE 2020:

Support for Nifty: 10326, 10218, 10181, 10158, 10040, 10000
Resistance: 10451, 10500, 10562, 10742

So Nifty Trend Today will move towards 10326 but should see if the EOD closing trade of Nifty would be above/below these levels. If Nifty can move above holding the support at 10326 levels and above the levels of 10451 levels are inevitable in today’s /upcoming sessions. If 10326 can’t be held the Negativity till 10294 will seap in and further towards 10250.

Fast Stochastic has increased a bit towards overbought zone to 83.13 levels after the Huge UP Move from Lows on Friday denoting the Nifty Trend has more room to come down from the HIGHS.

Slow Stochastic has dropped down from the overbought zone at 77.46 levels for Nifty denoting a Down/UP Move possibility.

MACD has turned Slightly Positive with a divergence of +14.66 and is not following the Price action now of Nifty meaning the Nifty Trend for the long term is DOWN.

Conclusion: Considering all the World Market Moves (NEGATIVE), SGX Nifty Live(NEGATIVE), US Markets (NEGATIVE) move and, at last, the Technical Analysis, Nifty will open NEGATIVE and later may move lower to 10326 levels and IF 10324-334 LEVELS cant be held, then 10294 is surely possible, then further down to 10250 is also possible, which means Nifty Trend Today is NEGATIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 26th June 2020:

1) SGX Nifty Live Update for 26 June 2020: 

sgx-nifty-live-chart

 

Today on 26th June 2020 SGX Nifty is showing a 41 Points Up move at around 8:15 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react POSITIVE.

So Indian markets especially Nifty Today Would have a POSITIVE start.

 

2) World Market Live for 26 June 2020:

S&P (THURSDAY) : +33.43 (+1.10%)
Nasdaq: +107.837(+1.09%)
DowJones: +299.66 (+1.18%)

Nikkei: +222.32 (+1.00%)

Looking at the Global Indices reacting to today’s global markets, Indian Markets especially Nifty Trend for Today would be reacting POSITIVE.

 

3) Nifty Technical Analysis for 26th June 2020:

Nifty-Trend-Today

 

Assumptions in the Nifty Trend chart for today i.e. 26th June 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

 

NIFTY SUPPORT AND RESISTANCE FOR 26th JUNE 2020:

Support for Nifty: 10181, 10158, 10040, 10000
Resistance: 10294, 10326, 10451, 10500, 10562, 10742

So Nifty Trend Today will move towards 10324 but should see if the EOD closing trade of Nifty would be above these levels. If Nifty can move above holding the support at 10324-334 levels and above the levels of 10450 levels are inevitable in today’s /upcoming sessions.

Fast Stochastic has reduced from the overbought zone to 73.81 levels after the Huge Down Move from Highs on Thursday denoting the Nifty Trend has more room to come down from the HIGHS.

Slow Stochastic is still near the overbought zone at 82.59 levels for Nifty denoting a Down Move possibility.

MACD has turned Slightly Positive with a divergence of +16.51 and is not following the Price action now of Nifty meaning the Nifty Trend for the long term is DOWN.

Conclusion: Considering all the World Market Moves (POSITIVE), SGX Nifty Live(Positive), US Markets (POSITIVE) move and, at last, the Technical Analysis, Nifty will open POSITIVE and later may move lower to 10181 levels on Nifty IF 10324-334 LEVELS cant be held, and if the Nifty sustains above 10294, then further rise to 10326 is possible, else a fall till 10181 is possible, which means Nifty Trend Today is POSITIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 25th June 2020:

1) SGX Nifty Live Update for 25 June 2020: 

SGXNIFTY-LIVE

 

Today on 25th June 2020 SGX Nifty is showing a 109 Points Down move at around 8:05 AM when I am writing this article.

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

So Indian markets especially Nifty Today Would have a NEGATIVE start.

 

2) World Market Live for 25 June 2020:

S&P (Wednesday) : -80.96 (-2.59%)
Nasdaq: -222.203 (-2.19%)
DowJones: -710.16 (-2.72%)

Nikkei: -355.96 (-1.58%)
Shanghai Composite: +5.35 (+0.18%)

Looking at the Global Indices reacting to today’s news of Corona Virus never-ending signs ( lol ) as per investors in the USA, Black lives matter protests donning the USA, Indian Markets especially Nifty Trend for Today would be reacting NEGATIVE.

 

3) Nifty Technical Analysis for 25th June 2020:

 Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 25th June 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

 

NIFTY SUPPORT AND RESISTANCE FOR 25th JUNE 2020:

Support for Nifty: 10294, 10300, 10158, 10040
Resistance: 10326, 10451, 10500, 10562, 10742

So Nifty Trend Today will move lower towards 10158 but should see if the EOD closing trade of Nifty would be below these levels. If Nifty can move above holding the support at 10158 levels and above the levels of 10326 levels are inevitable in today’s/upcoming sessions.

Fast Stochastic has drastically reduced from the overbought zone to 75.43 levels after the Huge Down Move on Wednesday denoting the Nifty Trend has more room to come down from the HIGHS.

Slow Stochastic is still near the overbought zone at 88.09 levels for Nifty denoting a Down Move possibility.

MACD has turned Slightly Positive with a divergence of +22.21 and is not following the Price action now of Nifty meaning the Nifty Trend for the long term is DOWN.

Conclusion: Considering all the World Market Moves (NEGATIVE), SGX Nifty Live(Negative), US Markets (NEGATIVE) move and, at last, the Technical Analysis, Nifty will open NEGATIVE and later may move lower to 10158 levels on Nifty and if the Nifty sustains above 10158, then further rise to 10326 is possible, else a fall till 10040 is possible, which means Nifty Trend Today is NEGATIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 24th June 2020:

1) SGX Nifty Live Update for 24 June 2020: 

Sgxnifty live

 

Today on 24th June 2020 SGX Nifty is showing a 9 Points Down move at around 8:15 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react FLAT/POSITIVE.

So Indian markets especially Nifty Today Would have a FLAT/POSITIVE start.

 

2) World Market Live for 24 June 2020:

S&P (Tuesday) : +25.28 (+0.83%)
Nasdaq: +137.215 (+1.43%)
DowJones: +157.62 (+0.62%)

Nikkei: +30.10 (+0.13%)
Shanghai Composite: +5.35 (+0.18%)

Looking at the Global Indices reacting to today’s news of Corona Virus easing signs as per investors in the USA, Indian Markets especially Nifty Trend for Today would be reacting POSITIVE.

 

3) Nifty Technical Analysis for 24th June 2020:

nifty trend today

 

Assumptions in the Nifty Trend chart for today i.e. 24th June 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

 

NIFTY SUPPORT AND RESISTANCE FOR 24th JUNE 2020:

Support for Nifty: 10294, 10300, 10300, 10326, 10451, 10500
Resistance: 10562, 10742

So Nifty Trend Today will move higher towards 10562 but should see if the EOD closing trade of Nifty would be below these levels. If Nifty can move above the 10562 levels and above the levels of 10742 are inevitable in upcoming sessions.

Fast Stochastic has risen higher in the overbought zone to 98.54 levels after the Huge Up Move on Tuesday denoting the Nifty Trend has to come down from the HIGHS.

Slow Stochastic is higher in the overbought zone to 92.7 levels for Nifty denoting a Down Move possibility.

MACD has turned Slightly Positive with a divergence of +27.21 and is following the Price action of Nifty meaning the Nifty Trend for the long term is UP.

Conclusion: Considering all the World Market Moves (positive), SGX Nifty Live(Negative), US Markets (POSITIVE) move and, at last, the Technical Analysis, Nifty will open POSITIVE and later may move higher to 10562 levels on Nifty and if the Nifty sustains above 10562, then further rise to 10742 is possible, which means Nifty Trend Today is POSITIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 22nd June 2020:

1) SGX Nifty Live Update for 22 June 2020: 

sgxnifty live

 

Today on 22nd June 2020 SGX Nifty is showing a 32 Points Down move at around 8:00 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react FLAT/POSITIVE.

So Indian markets especially Nifty Today Would have a FLAT/POSITIVE start.

 

2) World Market Live for 22 June 2020:

S&P (Thursday) : -17.6 (-0.56%)
Nasdaq: +3.072 (+0.03%)
DowJones: -208.64 (-0.80%)
Nikkei: +20.57 (+0.09%)

Shanghai Composite: +28.32 (+0.96%)

Looking at the Global Indices which is slightly FLAT TO NEGATIVE, Indian Markets especially Nifty Trend for Today would be reacting SIDEWAYS OR SLIGHTLY NEGATIVE (following the global queues)

 

3) Nifty Technical Analysis for 22nd June 2020:

Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 22nd June 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

Nifty Trend would be Flat to Positive given the MACD Divergence is POSITIVE but 10 and 13 EMAs are Positive as the widening on the positive is increasing.

This means Nifty would go Strong and would go Strength to Strength till 10294 – 10326.

 

NIFTY SUPPORT AND RESISTANCE FOR 22nd JUNE 2020:

Support for Nifty: 10181, 10100, 10062, 10000, 9981, 9974, 9900, 9826. 9750
Resistance: 10294, 10300, 10300, 10326, 10451, 10500, 10562

So Nifty Trend Today will move higher towards 10326 but should see if the EOD closing trade of Nifty would be below these levels. If Nifty can sustain the 10326levels and above the levels of 10562 are inevitable in upcoming sessions.

Fast Stochastic has risen higher towards the overbought zone from 89.28 levels after the Huge Up Move on Friday denoting the Nifty Trend has to come down from the HIGHS.

Slow Stochastic is higher towards the overbought zone to 70.69 levels for Nifty denoting an Up/Down Move possibility.

MACD has turned Slightly Positive with a divergence of +7.5 and is following the Price action of Nifty but very much contracted meaning the Nifty Trend for the long term is Slightly UP.

Conclusion: Considering all the World Market Moves(FLAT Mostly), SGX Nifty Live(Negative), US Markets (Negative Mostly) move and, at last, the Technical Analysis, Nifty will open FLAT/NEGATIVE and later may move higher to 10294 levels on Nifty and if the Nifty sustains above then further rise to 10294 is possible, which means Nifty Trend Today is FLAT/NEGATIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 19th June 2020:

1) SGX Nifty Live Update for 19 June 2020: 

sgxnifty live

 

Today on 19th June 2020 SGX Nifty is showing a 38 Points Down move at around 8:15 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react Negative.

So Indian markets especially Nifty Today Would have a NEGATIVE start.

 

2) World Market Live for 19 June 2020:

S&P (Thursday) : +14.15 (+0.45%)
Nasdaq: +53 (+0.52%)
DowJones: +92.39 (+0.36%)
Nikkei: +102.46 (0.46%)

Hangseng: 697.00 (2.85%)

Looking at the Global Indices which is slightly  POSITIVE, Indian Markets especially Nifty Trend for Today would be reacting POSITIVE (following the global queues)

 

3) Nifty Technical Analysis for 19th June 2020:

Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 19th June 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

Nifty Trend would be Flat to Negative given the MACD Divergence is Negative but 10 and 13 EMAs are Positive as the crossover is not on the negative side.

This means Nifty has to cross 10094 and 10181 levels to sustain its Up move else the levels of 9900 – 9826 is not far for Nifty Now.

 

NIFTY SUPPORT AND RESISTANCE FOR 19TH JUNE 2020:

Support for Nifty: 10062, 10000, 9981, 9974, 9900, 9826. 9750, 9731, 9584, 9500, 9450, 9378
Resistance: 10100, 10142, 10159, 10200, 10294, 10300

So Nifty Trend Today will move down towards 10000 but should see if the EOD closing trade of Nifty would be below these levels. If Nifty can’t sustain the 10062 – 10000 levels the levels of 9900 to 9824 are inevitable in today’s session.

If the close is above 10100 – 10182, the Nifty levels may Rise further till 10294 to 10562 levels.

Fast Stochastic has risen higher towards the overbought zone from 52.99 to 69 levels after the Huge Up Move yesterday denoting the Nifty Trend has room to go up and down.

Slow Stochastic is higher towards the overbought zone from 57.44 to 60 levels for Nifty denoting an Up/Down Move possibility.

MACD has turned Negative with a divergence of -2.3 and is following the Price action of Nifty but very much contracted meaning the Nifty Trend for the long term is Slightly DOWN.

Conclusion: Considering all the World Market Moves(FLAT Mostly), SGX Nifty Live(Negative), US Markets (Negative Mostly) move and, at last, the Technical Analysis, Nifty will open FLAT/NEGATIVE and move lower to 10182 levels on Nifty and if the Nifty sustains above then a further rise to 10294 is possible, which means Nifty Trend Today is FLAT/NEGATIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 18th June 2020:

1) SGX Nifty Live Update for 18 June 2020: 

 

sgxnifty live

 

Today on 18th June 2020 SGX Nifty is showing a 72 Points Down move at around 7:55 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react Negative.

So Indian markets especially Nifty Today Would have a NEGATIVE start.

 

2) World Market Live for 18 June 2020:

S&P (Wednesday) : -11.25 (-0.36%)
Nasdaq: Nasdaq +14.665 (+0.15%)
DowJones: -170.37 (-0.65%)
Nikkei: -231.60 (-1.03%)

Shanghai Composite: +4.12 (0.14%)

Looking at the Global Indices which is mostly NEGATIVE, Indian Markets especially Nifty Trend for Today would be reacting NEGATIVE (following the global queues)

 

3) Nifty Technical Analysis for 18th June 2020:

Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 18th June 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

Nifty Trend would be Negative given the MACD Divergence is Negative and 10 and 13 EMAs are turning into a crossover.

This means Nifty has to cross 9974 and 10060 levels again in order to sustain its Up move else the levels of 9826 is not far for Nifty Now.

 

NIFTY SUPPORT AND RESISTANCE FOR 18TH JUNE 2020:

Support for Nifty: 9826. 9750, 9731, 9584, 9500, 9450, 9378
Resistance: 9900, 9974 – 9981, 10000, 10062, 10100, 10142, 10159, 10200, 10294, 10300

So Nifty Trend Today will move down towards 9824 but should see if the EOD closing trade of Nifty would be below these levels. If Nifty can’t sustain the 9826 levels the levels of 9826 to 9750 are inevitable in today’s session.

If the close is above 9900, the Nifty levels may Rise further till 10094 to 10294 levels.

Fast Stochastic denoted off from the overbought zone to 52.99 after the sell-off denoting the Nifty Trend has room to go up.

Slow Stochastic is off of the overbought zone at 57.44 levels off of the overbought zone for Nifty denoting an Up Move possibility.

MACD has turned Negative with a divergence of -6.45 and is following the Price action of Nifty but very much contracted meaning the Nifty Trend for the long term is DOWN.

Conclusion: Considering all the World Market Moves(Negative Mostly), SGX Nifty Live(Negative), US Markets (Negative) move and, at last, the Technical Analysis, Nifty will open NEGATIVE and move lower to 9824 levels on Nifty and if the support sustains then a bounce back to 9900 is possible, which means Nifty Trend Today is NEGATIVE.

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

Nifty Trend for 17th June 2020:

1) SGX Nifty Live Update for 17 June 2020: 

sgxnifty live

 

Today on 17th June 2020 SGX Nifty is showing a 38 Points Down move at around 7:55 AM when I am writing this article.

SGX Nifty Live Chart denotes that the Indian Markets will react Slightly Negative.

So Indian markets especially Nifty Today Would have a NEGATIVE start.

 

2) World Market Live for 17 June 2020:

S&P (Monday) : +58.15(+1.90%)
Nasdaq: +169.844 (+1.75%)
DowJones: +526.82 (+2.04%)

Nikkei: -174.06 (-0.77%)
Shanghai Composite: +41.72 (1.44%)

Looking at the Global Indices which is mostly POSITIVE, Indian Markets especially Nifty Trend for Today would be reacting POSITIVE(only because of Global Market bottom fishing)

 

3) Nifty Technical Analysis for 17th June 2020:

Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 17th June 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

Nifty had to shed some room in yesterday’s market as the Huge Gap Up opening could not be sustained.

So Nifty came Down from the Highs of 10046 levels very strong to move down 129 points and took support at the Support zone of 9750 levels.

This means Nifty has to cross 9974 and 10060 levels again in order to sustain its Up move.

NIFTY SUPPORT AND RESISTANCE FOR 17TH JUNE 2020:

Support for Nifty: 9900, 9889, 9826. 9750, 9731, 9584, 9500, 9450, 9378
Resistance: 9974 – 9981, 10000, 10062, 10100, 10142, 10159, 10200, 10294, 10300

So Nifty Trend Today will move above 9950 but should see if the EOD closing trade of Nifty would be above these levels. If Nifty can’t sustain the highs above 9974-9981 then again the levels of 9889 – 9826 are possible in today’s session.

If the close is above 9981, the Nifty levels may Rise further till 10094 to 10294 levels.

If Nifty manages to close above 10000 levels, Nifty levels may hike to the levels of 10294 – 10300 levels.

Fast Stochastic denoted off from the overbought zone to 58.22 after the sell-off denoting the Nifty Trend has room to go up.

Slow Stochastic is off of the overbought zone at 64.21 levels off of the overbought zone for Nifty denoting an Up Move possibility.

MACD is still positive with a divergence of 3.42 and is following the Price action of Nifty but very much contracted meaning the Nifty Trend for the long term is SLIGHTLY DOWN.

Conclusion: Considering all the World Market Moves(Positive Slightly), SGX Nifty Live(Negative), US Markets (POSITIVE) move and, at last, the Technical Analysis, Nifty will open FLAT TO NEGATIVE and move higher if 9981 on Nifty is taken and later may crash more till 9826 if it can’t sustain 10K and above, which means Nifty Trend Today is POSITIVE until it hits RESISTANCE(Refer the Support and Resistance of Nifty) or crosses RESISTANCE at 10000 and can hold it!

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 16th June 2020:

1) SGX Nifty Live Update for 16 June 2020: 

sgxnifty live

 

Today on 16th June 2020 SGX Nifty is showing a 168 Points Gap Up move at around 8:05 AM.

SGX Nifty Live Chart denotes that the Indian Markets will react Positive.

So Indian markets especially Nifty Today Would have a NEGATIVE start.

 

2) World Market Live for 16 June 2020:

S&P (Monday) : +25.28 (+0.83%)
Nasdaq: +137.215 (+1.43%)
DowJones: +157.62 (+0.62%)

Nikkei: +699.94 (3.25%)
Shanghai Composite: -29.71 (-1.02%)

Looking at the Global Indices reacting to today’s news of Corona Virus Spur in the USA and Higher Case increase in INDIA, the US barring China flights from  today 16th and 44.2 Million unemployment fund filed this month, Indian Markets especially Nifty Trend for Today would be reacting POSITIVE(only because of Global Market bottom fishing)

 

3) Nifty Technical Analysis for 16th June 2020:

 Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 16th June 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

Nifty had to shed some room in yesterday’s market as the load was very high by moving UP 400+ points in a day after a 300 points Gap Down on Friday.

So Nifty came Down from the Highs very strong to move down 159 points and took support at the Support zone of 9750 levels.

This means Nifty has to cross 9889 and 9974 levels again in order to sustain its Up move.

NIFTY SUPPORT AND RESISTANCE FOR 16TH JUNE 2020:

Support for Nifty(Because of Gap Up Today: 9900, 9889, 9826. 9750, 9731, 9584, 9500, 9450, 9378
Resistance: 9889, 9900, 9974, 10000, 10062, 10100, 10142, 10159, 10200, 10294, 10300

So Nifty Trend Today will move above 9889 to 9900 but should see if the EOD closing trade of Nifty would be above these levels.

If the close is above 9889, the Nifty levels may Rise further till 10094 to 10294 levels.

If Nifty manages to close above 10000 levels, Nifty levels may hike to the levels of 10294 – 10300 levels.

Fast Stochastic denoted off from the overbought zone to 61.1 after the sell-off denoting the Nifty Trend has room to go up.

Slow Stochastic is off of the overbought zone at 67.69 levels off of the overbought zone for Nifty denoting a Up Move possibility.

MACD is still positive with a divergence of +13.57 and is following the Price action of Nifty and shows no deviation meaning the Nifty Trend for the long term is SLIGHTLY UP.

Conclusion: Considering all the World Market Moves(Positive Slightly), SGX Nifty Live(Positive), US Markets (POSITIVE) move and, at last, the Technical Analysis, Nifty will open POSITIVE and move higher if 10k on Nifty is taken and later may crash more till 9826 if it can’t sustain 10K and above, which means Nifty Trend Today is POSITIVE until it hits RESISTANCE(Refer the Support and Resistance of Nifty) or crosses RESISTANCE at 10000 and can hold it!

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

 

Nifty Trend for 15th June 2020:

1) SGX Nifty Live Update for 15 June 2020: 

sgxnifty live

 

Today on 15th June 2020 SGX Nifty is showing a 59 Points Down move at around 8:05 AM.

SGX Nifty Live Chart denotes that the Indian Markets will react slightly Negative.

So Indian markets especially Nifty Today Would have a NEGATIVE start.

 

2) World Market Live for 15 June 2020:

S&P (Friday) : +39.21 (+1.31%)
Nasdaq: +96.081 (+1.01%)
DowJones: +477.37 (+1.90%)

Nikkei: -160.68 (-0.72%)
Shanghai Composite: -1.16 (-0.04%)

Looking at the Global Indices reacting to today’s news of Corona Virus Spur in the USA and Higher Case increase in INDIA, the US barring China flights from 16th and $600 extra nonemployment fund ending this month updates, Indian Markets especially Nifty Trend for Today would be reacting slightly NEGATIVE given its near the huge resistance of 10000.

 

3) Nifty Technical Analysis for 15th June 2020:

Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 15th June 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

Nifty moved strength to strength the whole day on Friday. All the people waiting for a Downturn to enter the market started buying 🙂

So Nifty came UP from the downs very strong to move up almost 450 points and closed the Support zone of 9900-9889 levels.

This means Nifty has to cross 10K again in order to sustain its Up move.

NIFTY SUPPORT AND RESISTANCE FOR 15TH JUNE 2020:

Support for Nifty: 9900, 9889, 9826. 9731, 9584, 9500, 9450, 9378
Resistance: 10000, 10062, 10100, 10142, 10159, 10200, 10294, 10300

So Nifty Trend Today will move below the zone of 9889 to 10300 but should see if the EOD closing trade of Nifty would be below these levels.

If the close is below 9826, the Nifty levels may fall further till 9584 t0 9378 levels.

If Nifty Manages to close above 10062 levels, Nifty levels may hike to the levels of 10294 – 10300 levels.

Fast Stochastic denoted off from the overbought zone to 73.3 after the sell-off denoting the Nifty Trend has room to go up.

Slow Stochastic is off of the overbought zone at 75.4 levels but still near the overbought zone for Nifty denoting a sell-off possibility.

MACD is still positive with a divergence of +34.9 and is following the Price action of Nifty and shows no deviation meaning the Nifty Trend for the long term is SLIGHTLY UP.

Conclusion: Considering all the World Market Moves(Negative Slightly), SGX Nifty Live(Negative), US Markets (POSITIVE) move and, at last, the Technical Analysis, Nifty will open Negative but later catch on positive if 10k on Nifty is taken and later may crash more till 9826 if it can’t sustain 10K and above, which means Nifty Trend Today is NEGATIVE until it hits SUPPORT(Refer the Support and Resistance of Nifty) or crosses RESISTANCE at 10000 and can hold it!

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

Nifty Trend for 12th June 2020:

1) SGX Nifty Live Update for 12 June 2020: 

sgx-nifty-live

 

Today on 12th June 2020 SGX Nifty is showing a 259 Points Down move at around 8:15 AM.

SGX Nifty Live Chart denotes that the Indian Markets will react Negative.

So Indian markets especially Nifty Today Would have a NEGATIVE start.

 

2) World Market Live for 12 June 2020:

S&P (Wednesday) : -188.04 (-5.89%)
Nasdaq: -527.619 (-5.27%)
DowJones: –1,861.82 (-6.90%)

Nikkei: -343.58 (-1.53%)
Shanghai Composite: -22.86 (-0.78%)

Looking at the Global Indices reacting to today’s news of Corona Virus Spur in the USA, the US barring China flights from 16th and $600 extra nonemployment fund ending this month updates, Indian Markets especially Nifty Trend for Today would be HUGELY NEGATIVE.

 

3) Nifty Technical Analysis for 12th June 2020:

nifty trend today

 

Assumptions in the Nifty Trend chart for today i.e. 12th June 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

Nifty Yet again hit resistance zone of 10108 levels as I had mentioned in yesterday’s analysis. So what happens when resistance can’t be crossed, it crashes!

So Nifty came down from the resistance and took support at the Support zone of 9900-9889 levels which I’d mentioned in Yesterday’s Nifty Trend Analysis

NIFTY SUPPORT AND RESISTANCE FOR 12TH JUNE 2020:

Support for Nifty: 9889, 9826. 9731, 9584, 9500, 9450, 9378
Resistance: 9961, 10000, 10062, 10100, 10142, 10159, 10200, 10294, 10300

So Nifty Trend Today will move below the zone of 9889 to 10300 but should see if the EOD closing trade of Nifty would be below these levels.

If the close is below 9600, the Nifty may fall further till 9378 ti 8900 levels.

Fast Stochastic denoted off from the overbought zone to 77.88 after the sell-off denoting the Nifty Trend has room to go up.

Slow Stochastic is off of the overbought zone at 83 levels but still near the overbought zone for Nifty denoting a sell-off possibility.

MACD is still positive with a divergence of +49 and is following the Price action of Nifty and shows no deviation meaning the Nifty Trend for the long term is SLIGHTLY UP.

Conclusion: Considering all the World Market Moves(Negative Completely), SGX Nifty Live(Negative), US Markets (6% Negative) move and, at last, the Technical Analysis, Nifty will open Negative and later may crash more till 9500, which means Nifty Trend Today is NEGATIVEuntil it hits SUPPORT(Refer the Support and Resistance of Nifty) and can hold it!

 

Good Read: What Makes Options Trading in India a Lucrative Job?

 

Nifty Trend for 11th June 2020:

1) SGX Nifty Live Update for 11 June 2020: 

sgx-nifty-chart

 

Today on 11th June 2020 SGX Nifty is showing a 46 Points Down move at around 8:05 AM.

SGX Nifty Live Chart denotes that the Indian Markets will react Negative.

So iNDIAN markets especially Nifty Today Would have a NEGATIVE start.

 

2) World Market Live for 11 June 2020:

S&P (Wednesday) : -17.04 (-0.53%)
Nasdaq: +66.593 (+0.67%)
DowJones: -282.31 (-1.04%
)
Nikkei: -242.67 (-1.05%)
Shanghai Composite: -12.36 (-0.42%)

Looking at the Global Indices reacting to today’s news of flaring protests in the USA, the US barring China flights from 16th and $600 extra nonemployment fund ending this month updates, Indian Markets especially Nifty Trend for Today would be NEGATIVE.

 

3) Nifty Technical Analysis for 11th June 2020:

Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 11th June 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

Nifty Yet again hit resistance zone of 10159-10142 levels as I had mentioned in yesterday’s analysis. So what happens when resistance can’t be crossed, it crashes!

So Nifty came down from the resistance and took support at the Support zone of 10050 which I’d mentioned in Yesterday’s Nifty Trend Analysis

NIFTY SUPPORT AND RESISTANCE FOR 11TH JUNE 2020:

Support for Nifty: 10108, 10050 – 10030, 10000, 9889, 9826.
Resistance: 10142, 10159, 10200, 10294, 10300

So Nifty will move in between the zone of 9889 to 10300 till either of the levels are closed above at the EOD trade of Nifty.

Fast Stochastic as denoted eased a bit from the overbought zone to 84.69 after the sell-off denoting the Nifty Trend has room to go up.

Slow Stochastic still denote overbought zone yet at 88 levels for Nifty denoting sell-off possibility.

MACD is still positive with a divergence of +73 and is following the Price action of Nifty and shows no deviation meaning the Nifty Trend for long term is UP.

Conclusion: Considering all the World Market Moves(Negative Mostly), SGX Nifty Live(Negative), US Markets(Negative) move and, at last, the Technical Analysis, Nifty will open Negative and later may catch Bottom Fishing and move UP, which means Nifty Trend Today is NEGATIVE until it hits SUPPORT(Refer the Support and Resistance of Nifty) and can hold it!

 

Good Read: What Makes Options Trading in India a Lucrative Job?

Nifty Trend for 10th June 2020:

1) SGX Nifty Live Update for 10 June 2020: 

sgx nifty live

 

Today on 10th June 2020 SGX Nifty is showing an 80 Points Up move at around 8:05 AM.

SGX Nifty Live Chart denotes that the Indian Markets will react positive.

So iNDIAN markets especially Nifty Today Would have a POSITIVE start.

 

2) World Market Live for 10 June 2020:

S&P (Tuesday) : -25.21 (-0.78%)
Nasdaq: +29.008 (+0.29%)
DowJones: -300.14 (-1.09%
)
Nikkei: +24.19 (0.10%)
Shanghai Composite: +18.34 (0.62%)

Looking at the Global Indices reacting to today’s news of easing china and Indian border standoff and updates, Indian Markets especially Nifty Trend for Today would be Positive.

 

3) Nifty Technical Analysis for 10th June 2020:

Nifty Trend Today

 

Assumptions in the Nifty Trend chart for today i.e. 10th June 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

Nifty Yet again hit resistance zone of 10294 as I had mentioned in yesterday’s analysis. So what happens when resistance can’t be crossed, it crash!

Support for Nifty: 10050, 10000, 9889, 9826.
Resistance: 10100, 10159, 10200, 10294

So Nifty will move in between the zone of 9889 to 10300 till either of the levels are closed above at the EOD trade of Nifty.

Fast Stochastic as denoted eased a bit from the overbought zone to 80 after the sell off denoting the Nifty Trend has room to go up.

Slow Stochastic still denote overbought zone for Nifty denoting sell-off possibility.

MACD is still positive and is following the Price action of Nifty and shows no deviation meaning the Nifty Trend is UP.

Conclusion: Considering all the World Market Moves, SGX Nifty Live, US Markets move and, at last, the Technical Analysis, Nifty still has room to move UP, which means Nifty Trend Today is POSITIVE until it hits resistance and can’t cross it!

 

Good Read: What Makes Options Trading in India a Lucrative Job?

Nifty Trend for 09th June 2020:

1) SGX Nifty Live Update for 09 June 2020: 

sgx nifty live

 

SGX Nifty Live Chart suggests that there would be another uptick in the Pre Opening and Open of Nifty.

At 7:51AM when am authoring this post SGX Nifty shows an uptick of 65 Points.

Since SGX Nifty live chart affects the opening of Indian Nifty, we will see a positive start for the day in the Indian Stock Market.

 

2) World Market Live for 09 June 2020:

S&P (Monday) : +38.46 (+1.20%)
Nasdaq: +110.664 (+1.13%)
DowJones: +461.46 (
+1.70%)
Nikkei: -141.95
Shanghai Composite: +9.7

Looking at the Global Indices reacting to today’s news and updates, Indian Markets especially Nifty Trend for Today would be Positive.

 

3) Nifty Technical Analysis for 09 June 2020:

Nifty Trend Today

 

 

Good Read: 5 Best Stock Charts Free To Use In India For Day Trading

Nifty Trend for Today 09 June 2020 as per the Technical Analysis Chart:

Assumptions in the Nifty Trend chart for today i.e. 09 June 2020: 

Fibonacci Series: Drawn from the top of Nifty in the past 6 months to lowest in the past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14,14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

Nifty Trend for Today suggests a move higher past 10200 as the initial hurdle of 10159 which was a big hurdle for Nifty has been crossed.

I’d mentioned in yesterday’s update that Once Nifty crosses 10159, the next target would be 10294. The target is achieved. 

Also, I’d mentioned 10292 is a resistance for Nifty as of now. So 10294 was achieved and Nifty fell back again about 120 odd points! 

That’s the greatness of Technical Analysis! 

Past 10294 which again is a resistance today, Nifty Trend would suggest a move towards 10546 that is the Fibonacci Series 38.2% levels.

Fast Stochastic and Slow Stochastic indicates an overbought zone for Nifty, but as the market defines, when the bull gets moving, there’s no stopping the momentum.

MACD and EMA cross over are both positive which means the Nifty Trend Today would be positive.

Conclusion: Nifty Trend for Today 9th June 2020, considering all the points above in nifty technical analysis and world markets live index movements suggest Nifty would be moving POSITIVE

 

Good Read:

Options Training Session 1: 5 Option Trading Tips that Stock Market Courses Don’t Ever Teach
Options Trading Basics Session 2: What Are Options? What does Puts and Calls mean?

 

Nifty Trend for 08th June 2020:


SGX Nifty Live Update for 08 June 2020: 

SGX Nifty Live suggests that there would be a positive vibes Passover in today’s session.

At the time of 7:30 AM IST when I wrote the update, SGX Nifty Live Chart was trading at 55.3 points Positive.

Since sgx nifty live chart affects the opening of Indian Nifty, we may see a positive start for the day.

sgx nifty live

World Market Live for 08 June 2020:

S&P (Friday) : +81.58 (+2.62%)
Nasdaq: +198.268 (+2.06%)
DowJones:
+829.16 (+3.15%)
Nikkei: +184.20
Shanghai Composite: +11

So looking at the World Markets Live indexes and SGX Nifty Indian Nifty Trend Today would open in Gap Up with a GREEN all over the board and continue its Higher Trend.

Nifty Trend Today Technical Chart Analysis:

nifty trend todaySTOCK CHART BY CHARTINK.COM

 

Good Read: 5 Best Stock Charts Free To Use In India For Day Trading

Nifty Trend for Today as per the Technical Analysis Chart:

Assumptions in the Nifty Trend chart for today i.e. 08 June 2020: 

Fibonacci Series: Drawn from the top of Nifty in past 6 months to lowest in past 6 months.

EMA 10 – Exponential Moving Average for 10 days Close of Nifty.

EMA 13 – Exponential Moving Average for 13 days Open of Nifty.

MACD: 26,13,9 settings.

Average Directional Index: 14.14 settings.

Fast Stochastic and Slow Stochastic to denote the Over Sold or Over Bought Zones.

Nifty Trend for Today would suggest a move higher past 10159 which is a big hurdle for Nifty as of now.

Once Nifty crosses 10159, the next target would be 10294.

Past 10294 Nifty Trend would suggest a move towards 10546 that is the Fibonacci Series 38.2% levels.

Fast Stochastic and Slow Stochastic indicates an overbought zone for Nifty, but as market defines, when the bull gets moving, there’s no stopping the momentum.

MACD and EMA cross over is both positive which means the Nifty Trend Today would be positive.

Conclusion: Nifty Trend for Today 8th June 2020, considering all the points above in nifty technical analysis and world markets live index movements suggest Nifty would be moving POSITIVE

 

Good Read:

Options Training Session 1: 5 Option Trading Tips that Stock Market Courses Don’t Ever Teach
Options Trading Basics Session 2: What Are Options? What does Puts and Calls mean?

Share this for All the Nifty Traders Out There. For the ❤️ of Nifty Trading or Index Trading 🙂

HAPPY TRADING AND HAPPY MONEY MAKING

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