Find free nifty today technical trend and range for today

Find free Nifty today technical trend and range for today

There is a misconception among Indian people or Indian stock market trader that market is a game of gamble due to lack of knowledge. Trader should know that stock, Nifty, Bank nifty or any derivative contract in stock market always moves in a technical path. Using technical chart you can predict the probable trend. Also a lot of technical things a trader should know before entering the market. People don’t research but listen to the rumors and trapped by technical trader DII and FII. Only one percentage in market is technical trader are successful.

Nifty is the index of National Stock Exchange and an index future is a derivative, similar to a stock future, whose value is dependent on the underlying value like Nifty 50 or BSE Sensex. Trading in index futures, an investor is buying and selling the basket of stocks comprising the index, in their respective weights. Like stock future, index futures (Nifty, Bank nifty etc.) are traded in terms of number of contracts. Each contract would be to either sell or buy a fixed value of the stock or index. The value of the contract would be equal to the lot size multiplied by the stock value or index value. You must have noticed that when Nifty move up, most stocks move up and when Nifty moves down most stock moves down. So “Nifty today trend” could be taken as good indicator for stock trend. So trader must know the Nifty Today trend to trade in index and stock.

How SGX Nifty shows opening trend of Indian market?

SGX Nifty, also known as Singapore Nifty is derivative of NIFTY index traded officially in Singapore stock exchange. Nifty trades for 6.30 hours on national stock exchange (NSE) but NIFTY Future on SGX is traded for 16 hours from 6.30 am to 11.30 pm as per Indian time. In the middle SGX Nifty is closed for 1 hour from 3.30 pm to 4.30 pm. Due to long hour trade it is affected by economic events and political events taking place worldwide and changes trend so. So the sentiment or first trend of Indian market could be known from SGX Nifty future price as SGX nifty opens before NSE. Then in Nifty Today page get Nifty technical trend, Bank Nifty technical trend with levels and probable range of trade, Nifty pivot point, support and resistance and world financial news and events which can affect market trend.