SGX Nifty Futures

SGX Nifty Live

As on Tuesday, 09-Feb-2016 11:36pm, Singapore Time
Last Chg Chg % High Low
7,273.00 -55.00 -0.76% 7,354.50 7,293.00
Market : Close Last Trade on 09 Feb 23:35 on Singapore Time

SGX Nifty : Resistance Levels

Level 1 (R1) Level 2 (R2) Level 3 (R3)
7,481.17 7,538.50 7,645.67

SGX Nifty : Support Levels

Level 1 (S1) Level 2 (S2) Level 3 (S3)
7,316.67 7,209.50 7,152.17

SGX Nifty : Buy Signal / Sell Signal

5 Min Signal 1 Hour Signal 1 Day Signal
Strong Sell Strong Sell Strong Sell
Green Line is Buying Stoploss Signal
Red Line is Selling Stoploss Signal

About SGX Nifty

SGX NIFTY

What is SGX Nifty ? SGX is one of the leading stock exchanges in Asia, movement on which somehow reflects in other stock indices in the continent. SGX Nifty is Singapore Stock Exchange Nifty which implies the Indian CNX Nifty traded in Singapore exchange. It is a very popular derivative product of Singapore Exchange as it allows foreign investors to take a position in Indian Market.

In Singapore Exchange, Indian stocks cannot be traded but it allows future products like SGX Nifty Futures. Thus, it is the derivative product of Singapore Exchange facilitating futures trading of underlying NSE Nifty index. Its allows FII’s and other individuals to invest in Nifty Futures. Since trading is done for NSE Index, Singapore Nifty is settled on the basis of the closing price of NSE Index price (S&P CNX Nifty). Trading Timings – There are two types of Contracts in SGX with different settlement periods –

  1. E – SGX QUEST (T) With Settlement on the same day, Timings- Mon-Fri – 9.00AM-6.15 PM
  2. E* – SGX QUEST (T+1) With Settlement after one day, Timings- Mon-Fri- 7.15PM-1AM

These two contracts have different trading timings which enable traders all over the world to trade in SGX even if the market is closed. FII’s invest in Indian future contracts through SGX Nifty and India is 2.5 hours behind Singapore. SGX opens at 9.00 AM in Singapore i.e. 6.30 as per IST. Thus by tracking Singapore Nifty, we can predict the initial direction of Indian Stock market.
Singapore market opens around 2 hours before Indian market and directly relates to NSE market. It moves with respect to the Indian Nifty hence used as a tool to predict the Indian market providing initial direction to the Indian market. Moreover, both India and Singapore fall in the same continent which co-related both the market and one most often decides the sentiments of the other market. This is why it becomes easy for Indian advisory and financial institutions to give trading recommendations on SGX Nifty.

 

SGX NIFTY LIVE

Very first thing in the morning any Indian investor will be doing is getting news on SGX Nifty Live on Singapore stock exchange, which will be trading before Indian market opens for trading. At what level SGX Nifty Live is trading will give some indication of what will be a probable trend in Indian stock market when they will open for trading. The second thing would be listening to technical analysts view on TV channels and their views on Nifty intraday market and finally if one has time to spare will be checking with financial advisors over a phone or through online or by way of SMS alerts. This whole thing sums up how crucial Nifty movement is for our markets. Technical analysis is perhaps the only logical way where one can find an answer to where Nifty is marching to in current market situation as by technical analysis only you can get a reliable answer with logical reasoning to a satisfying level of conclusion over future market trend. As by any other way, you can’t satisfy yourself to believe and accept conclusions as they are not supported by any logical base.

 

LIVE SGX NIFTY

Trading in the Indian stock market is no longer a complicated task; thanks to the online phenomenon and IT conveniences. Both the NSE and BSE, the main index of the Indian market, have adopted the latest technology for smooth operations, also facilitating investors to trade online. At one time BSE and NSE trading was not all investors’ cup of tea. Physical presence, lots of paperwork, lack of live market news, Live SGX Nifty News etc. attracted few investors. With the online trend incorporated, BSE and NSE trading became an effortless affair.

The NSE and BSE market have already been attracting foreign investors. It is not only foreign investors but also domestic investors who can look forward towards seeing their money multiply from many NSE and BSE stock. Before you put in your money, do conduct a market research and stay updated with market news so that whatever stock you choose no matter whether it is NSE or BSE stock, turns out to be lucrative for you.

With brokerage portals providing solutions to investors online, more and more investors are attracted towards BSE and NSE trading. All you need to do is get registered at the platform and start availing services. Choose only a reputed brokerage solutions provider, one that offers solutions beyond brokerage.