SGX Nifty seems to be rebounding from the 50 moving average cluster on the daily time frame. As you may already know that 50MA/EMA plays an important role on the daily time frame. Another factor is that RSI is also curving upwards from 45 level, which is particularly a good sign.
With SPX(US index) recovering over 2.5% since yesterday, and SGX getting support from the 50 MA cluster, the likelihood of Nifty recovering is pretty good at the moment. But SPX must close somewhere near today's high to trigger the recovery of Nifty.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
With SPX(US index) recovering over 2.5% since yesterday, and SGX getting support from the 50 MA cluster, the likelihood of Nifty recovering is pretty good at the moment. But SPX must close somewhere near today's high to trigger the recovery of Nifty.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Global Community Manager,
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Global Community Manager,
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。