SGX Nifty Trading Buy/ Sell Signal

It’s 12 August 2020, SGX Nifty is trading at 11370. There is an update on SGX Chart in Daily (D1).

It’s major resistance is 11379 and major support at 11188.

The market will test these levels. At present the price is at 11370 and it made a high of 11383, so today closing will be very crucial for the market to decide the major trend for upcoming days.

If it closes below 11379 for today closing, then it will test the lower support at 11188 and in other scenario closing above 11379 will make a positive signal for upward movement in SGX Nifty that will also decide Indian Nifty direction.

On hourly basis there is a support at 11275 level.

It’s 10 August 2020. SGX Nifty is trading at 11314. SGX Nifty new signal has arrived now.

On hourly (H1) chart, it’s resistance price is revised to 11327 from 11247 and it’s support price is revised to 11254 from 11215.

Keeping these two levels 11327 & 11254 trade accordingly. Market will remain sideways between if it remains between these two levels.

Go for long (Buy) above 11327 and short (Sell) below 11254.

At present, SGX Nifty is currently trading at 11218. SGX Nifty has a new hourly trading signal. Now the resistance has changed to 11247 and support is 11215.

Daily resistance and support having the same levels as 11232 and 11044.

Buying is recommended if sustain above 11247 and selling is recommended below 11215 for short term.

Daily resistance and support levels are same as before.

• Hourly (H1) Levels – Resistance – 11247 and Support – 11215
• Daily (D) Levels – Resistance – 11232 and Support – 11044

It’s 28 July 2020, SGX Nifty is trading at 11300. There is signal update in hourly (H1) chart in SGX Nifty.

It’s hourly resistance has changed from 11183 to 11317 and support zone has changed from 11113 to 11276.

Sell below 11276 levels and buy above 11317 levels. It’s daily resistance and support levels continue to be same as before.

It’s 24 July 2020, SGX Nifty Signal has been changed and updated now on hourly (H1) chart. Market is provided with a new resistance at 11183 and new support at 11113 levels.

Bears are tightening their screws again. Keeping the above two levels in mind. A trader should look to sell below 11113 levels and buy above 11183 levels.

At the time of updating this post, SGX Nifty is trading at 11090 levels. Keep in mind the above levels while trading for unlimited profits till next signal comes.

There has been a big move coming up. On SGX Chart, Market has also been updated with a new signal on Daily (D1) Chart. That is the time when long term changes bound to happen and market tends to move on weekly or monthly basis.

On SGX Live Daily Chart, the resistance has moved from 10850 to 11232 and support horizon has been changed from 10625 to 11044.

Don’t try to buy below 11044, go for long only if it goes above 11232 levels and sustains for a while.

Same goes for Nifty 50 in the Indian Market, Don’t go for buy Nifty 50 futures until there has been signal in SGX Nifty.

SGX Nifty support and resistance has changed in Hourly (H1) trend. It’s 21 July 2020, SGX Nifty is trading at 11093 levels. On hourly chart, there is a signal at 10 the resistance is at 11029 and support is at 10984.

Resistance is at 11029 and support is at 10984. A trader can go for buy above 11029 levels and go for sell below 10984.

New trading signal has arrived in SGX Nifty on 16 July 2020 in hourly (H1) chart. On hourly chart, the resistance is at 10734 and support is at 10690.

In the short term, a trader can buy above 10734 and can go for sell position below 10690. In the meantime, daily resistance is the same at 10850 and support at 10625.

It’s 13 January 2020, there has been updated trading signal in SGX Nifty. At present SGX Nifty is trading at 10836.

On hourly chart, there is resistance at 10848 and support at 10815. Resistance is also tested at 10848, it could not been able to break the levels of 10848 on hourly closing. So trend looks like in bearish mode.

A trader looks to short position or sell below 10815 whereas hold long or buy above 10848. Trade only when two bars consequently close above or below resistance or supports levels.

At the time of writing this post on 10 July 2020, SGX Nifty was trading at 10778.

On the daily chart, SGX Nifty has provided a trading signal. It has already made a crucial resistance at 10850 and Support at 10625.

Even on 9 July 2020, it has already tested its resistance and was unable to break it. So as the SGX Nifty Trading Signal suggests, it will test the level of 10625. On beating 10625, the market may move downwards with a bearish sentiment.

For the market to move upwards, it should have at least two consecutive daily bars closing above the 10850 level.

As the SGX Nifty has already provided a signal for bearish sentiment below 10850. A trader should look for short position on every rise.

On hourly chart, there are two points to consider – resistance is at 10866 and support is 10828. As the next signal has not been generated in the SGX NIfty. Below 10828, you should go for short positions.

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