The Nifty Future is trading at 15,854.80 with +0.68% percent or +107.55 point. The Nikkei 225 Future is trading at 28,570.00 with a loss of -0.63% percent or -182.50 point.The Hang Seng Future is trading at 28,072.50 with a loss of -0.88% percent or -249.00 point.
TODAY’S FACTORS AND EVENTS
Through last week, despite systematic slippage, we had rooted for a swing higher, and had identified 15775-685 region to provide a platform for the same. Towards this end, we had looking for a close above 15720 on Friday, to add to our positive bets. Having achieved such a close, we are lining up 16350 (again) for the week, with an intraday objective of 15870. Alternatively, pullback into 15740-720 region after the initial burst will soften the bullish expectations, and a fall back below 15580 will be a clear bear signal for 15090.
PREVIOUS DAY ACTIVITY
For the day the nifty closed at 15,825.55 up with + percent or +103.35 point.Nikkei 225 is trading at 28,598.19 with a loss of percent or ?185.09 point. Hong Kong’s Hang Seng is trading at 28,163.97 with a loss of – percent or –146.45 point.
For the day the Dow is trading at 34,633.53 with +percent or +131.02 point. The S&P 500 is trading at 4,319.94 up with + percent or +22.44 point. The Nasdaq Composite is trading at 14,522.38 up with + percent or +18.42 point.
In other parts of world, Japan’s Nikkei 225 is trading at 28,776.90 up with percent or +69.86 point. Hong Kong’s Hang Seng is trading at 28,286.78 with a loss of – percent or –541.17 point. China’s Shanghai Composite is trading at 3,525.99 with a loss of –percent or –62.79 point. India’s BSE Sensex is trading at 52,286.07 with a loss of – percent or – point at 12:15 PM.