Impact of SGX nifty live today on

Indian stock market

Before going to impact of Singapore Nifty first we should know
what is Singapore Nifty? Why traders generally prefer to follow it?
Why it is more popular among Options and Future traders. Why
index derivative trader loves to follow it in technical analysis? We
will know about these important points with examples in below
content. So read till end.

Singapore Nifty is popularly known as SGX Nifty. Indian NSE index

Nifty future is listed in Singapore stock exchange. Indian market
opens for closes at 3.30 pm which trades for six and half hours but
Singapore Nifty runs till 10.30 pm which trades for 16 hours. So
derivative of Nifty future listed in Singapore exchange also traded
till 10.30 pm. Due to Globalisation impact of World market news
changes the trend of Nifty which is reflected in SGX Nifty live chart.
So this is used to derive opening trend of Indian stock market by
technical traders.
Generally technical trader those who trade after doing technical analysis means
Future and options trader use Singapore Nifty Chart which plays important role
in finding trend of market much before market open. SGX Nifty Live Chart is free
chart and only live chart gives exact information and helps in doing analysis of
news impact. Also you can find Nifty and Bank nifty trend posted daily for Option
and Future trading and check accuracy for one month. SGX Nifty opens before
Indian stock market at 6.30 am and gives idea about pre opening of Indian share
market. You can understand after taking an example.

Let’s take an example.

Imagine how you can know Nifty will open positive or negative before market
opens in any trading day? How you can know Index will open gap up or gap
down? In technical analysis trader should know pre-opening condition to apply
strategy accordingly. Without knowing this loss can’t be avoided. Singapore nifty
index opens before Indian market @ 6.30 am. Let’s SGX Nifty Live Chart is
indicating 50 point positive opening in live chart. This means there might be
some positive economical news from India or from Global. So here without
knowing news you can decode sentiment of Indian market. Here you can use
“Gap up strategy” in technical analysis to make profit. Imagine you don’t know
what live Singapore chart is indicating means you can’t sense sentiment of
market and can’t decide strategy, thus lose money.
Example 2- Another case.

You know news which has positive impact on market but SGX Nifty live
Chart is indicating negative opening. So there is another news which you
don’t have idea and has more influence on market than that positive news
you know. So here you can alert yourself and apply strategy accordingly.
So impact of any financial news on market can be derived from Singapore
live chart easily. Nifty, Bank nifty Future and Options trader closely follow
SGX Nifty to know Nifty trend much before market opens.

Example 3

Let’s say Indian stock market is closed today but Singapore exchange is
open. In this case Singapore index is closed with 100 points gain then our
market will open gap up 100 points. So it will be easy for traders to apply
technical strategy accordingly. So trader should track live chart before
Indian market open at 8.30 am and at night 10.30 pm.