Impact of SGX Nifty future on Indian market

1. Impact of SGX Nifty future on Indian market

2. When a guy starts trading in stock market, hear a lot about Singapore Nifty from different YouTube channels and blogs. But get confused why and how to use this in Indian stock market. What is the relation of Singapore exchange and Indian share market? How to use it in technical analysis to decide which strategy is perfect to apply after pre open market. We will discuss all above important points with examples to better understand practically. Singapore Nifty is generally referred as SGX Nifty. Indian share market index Nifty future is listed in Singapore exchange and traded officially. Indian market opens for six and half an hour but SGX Nifty Future opens for 16 hour. Nifty Options and Future derivative trader closely follow it. Those who can’t trade in Indian stock market trade in Singapore nifty. Singapore Nifty opens at 6.30 am before Indian stock market and closed at 10.30pm. This helps in finding opening trend of Indian stock market before market opens. Due to Globalisation impact of World market economical news can be derived from SGX Nifty Live Chart only. Let’s take examples to understand better.

3. Example 1 In any trading day and before opening of market imagine how you can know the opening of market? If market opens 50 point gap up then what will you do? Here imagine if you can know gap up opening before market opening then you can apply gap up strategy in technical analysis to make profit. So you can check accuracy of Nifty and Bank nifty technical trend posted daily here to know impact of SGX nifty and learn technical analysis training. In case of positional trading and if SGX is indicating negative opening then you can decide to apply hedging strategy before market open. In this way you can save money and with more practice you can even make profit in this pattern. Example 2 Let’s say you don’t know any news and technical chart indicating trend is positive but SGX Nifty Future is indicating 60 point gap down market. This indicates there is some news you didn’t have idea and has negative sentiment or impact on market. So here you can change your trading strategy to make profit or minimize loss at least. So only live chart provides sentiment of market before market opens. You can back test the chart. Also you can find Nifty and Bank nifty technical trend posted daily before market opens and check accuracy for one month to know the importance of SGX Nifty in future and options trading.

4. Example 3 • Suppose Indian share market is closed today due to festival. But Singapore exchange is open. This live chart shows Indian share market pre opening trend which helps Option and Future traders to apply strategy and make profit. In Technical analysis this live chart has a great role while trading in Options as it helps to decide strike price and premium trading. • Highlights of SGX Nifty Live Chart • It is usually the initial trend of Nifty in Indian stock market. • It allows foreign investor to trade. • Margin of SGX future is lower than that of NSE. • Use full in technical analysis.