May 2016

In opening market trading Tuesday, the SGX Nifty is higher by 13 points as Asian stocks continue to gain. The high resistance level for the SGX Nifty on Tuesday is 8,270.83 and the low support level is 8,122.33. As a leading indicator for India’s NSE Nifty, the SGX Nifty is suggesting another day of gains Read More

In opening market trading Monday, the SGX Nifty is higher by 16.5 points in trend with what is happening in other Asian markets. The high resistance level for Monday is 8,303.33 and the low support level is 8,015.33. As a leading indicator for the NSE Nifty, the SGX Nifty is pointing higher for stocks in Read More

In opening market trading Friday, the SGX Nifty is higher by 18.5 points with global stocks trending mostly higher. The high resistance level for Friday is 8,259.67 and the low resistance level is 7,865.17. As a leading indicator for the NSE Nifty, the SGX Nifty is pointing higher following gains from Thursday. On Thursday, the Read More

In opening market trading Thursday, the SGX Nifty is higher by 45.5 points. The high resistance level for Thursday is 8,146.17 and the low support level is 7,693.17. As a leading indicator for stocks in India, the SGX Nifty is pointing higher for Thursday with continued gains expected from Wednesday. On Wednesday the NSE Nifty was Read More

In opening market trading Wednesday, the SGX Nifty is higher by 37 points as Asian markets are trending higher. The high resistance level for Wednesday is 7,823.50 and the low support level is 7,679.50. As a leading indicator for stocks in India, the SGX Nifty is pointing higher after also gaining on Tuesday. On Tuesday, Read More

In opening market trading Tuesday, the SGX Nifty is higher by 1.50 points as market indexes are likely to regain some of the previous day’s losses. The high resistance level for Tuesday is 7,866.33 and the low support level is 7,632.33. As a leading indicator for the NSE Nifty, the SGX Nifty is pointing higher Read More

In opening market trading Monday, the SGX Nifty is higher by 3 points as Asian markets are mixed in opening trading. The high resistance level for Monday is 7,881.83 and the low support level is 7,659.83. As a leading indicator for stocks in India, the SGX Nifty is pointing higher for the day after stocks Read More

In opening market trading Friday, the SGX Nifty is lower by -49.50 points as global markets are trending lower from potential affects of a June rate increase from the U.S. Federal Reserve. The high resistance level for the SGX Nifty on Friday is 7,967.83 and the low support level is 7,627.33. Closely tracking the direction Read More

In opening market trading Thursday, the SGX Nifty is higher by 29 points pointing to a higher open for stocks in India. The high resistance level for the SGX Nifty on Thursday is 7,991.33 and the low support level is 7,746.83. Stocks in India were lower on Wednesday. The NSE Nifty was down -20.60 points or Read More

In opening market trading Wednesday, the SGX Nifty is lower by 50 points as stocks appear slightly overpriced. The high resistance level for the SGX Nifty on Wednesday is 8,042.33 and the low support level is 7,787.33. On Tuesday stocks in India were mostly higher. The NSE Nifty was up 30.00 points or 0.38 percent Read More