Nse Pre Open Market Data shows light at the end of the tunnel.
US markets are a bit supportive and show some positive moves.
Watch Nse Pre Open Market Data on Video:
1) Nse Pre Open Market Data for 5th Jan 2023
- Nifty is in a critical support zone.
- More breaches will lead to bloodshed!
- US markets and Asian markets are showing good support.
- Negative and Positive Trend lines coincide to form a support and resistance blanket, not letting nifty move.
- Supports are lesser and resistances are everywhere in Nifty currently.
2) SGX Nifty Trend for Today on 5th January 2023:
Today on 5th Jan 2023 SGX Nifty is showing a 31 Points Lower move at around 7:50 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 5th Jan 2023:
S&P 500: 28.85 (+0.75%)
NASDAQ: 52.46 (+0.48%)
Dow Jones: 133.4 (+0.4%)
Nikkei: 79.91 (+0.31%)
US and Japanese markets are slightly positive supporting SGX Nifty and Indian markets.
4) Nifty Supports and Resistances:
Nifty Supports: 18070, 17816, 17637,
Nifty Resistances: 18159, 18100, 18200, 18269, 18411, 18428, 18611
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5) Nse Pre Open Market Data for 5th Jan 2023
- Trend lines are converging for support less chances of south side deport.
- Support zone around 18070 levels are good levels for Nifty to be grown!
- World markets are of little push to make Nifty a big BUSH!
- The directional movement indicator is drop dead showing nifty’s highs are just later!
- Supports are lesser and resistance is growing to be presser!
All in all, today Nifty will see some POSITIVE moves in the beginning and may scale to resistance levels today.
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Considering the trends globally and Technical Analysis Nifty Trend Today will start POSITIVE.
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