The Nikkei 225 Future is trading at 21,458.00 up with +1.36% percent or +288.00 point.The Nifty Future is trading at 11,394.20 up with +2.20% percent or +245.10 point.The Hang Seng Future is trading at 26,310.50 up with +0.54% percent or +140.50 point.
TODAY’S FACTORS AND EVENTS
The Nifty has been trading in an up-trending channel on the weekly chart. It had tested the upper band of the channel in January while making a new record high at i.e. 12,430.5. We’re seeing decline since then and it has now retraced close to the critical support zone of 100 EMA on the weekly chart — which currently is around 11,200. Going ahead, the index could test the crucial support zone of the lower band of prevailing uptrending channel around 11,000 next week. And, any decisive breakdown b .
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,409.36 with a loss of –1.39% percent or –357.28 point. The S&P 500 is trading at 2,954.22 with a loss of –0.82% 8percent or –24.54 point. The Nasdaq Composite is trading at 8,567.37 with +0.010% percent or +0.89 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,344.08 up with +0.95% percent or +201.12 point. Hong Kong’s Hang Seng is trading at 26,286.71 up with +0.60% percent or +156.78 point. China’s Shanghai Composite is trading at 2,970.93 up with +3.15% percent or +90.63 point. India’s BSE Sensex is trading at 38,891.62 up with +1.55% percent or +594.33 point at 12:15 PM.