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How to know Nifty Trend for today

Nifty is India’s benchmark stock market index for Indian equity market includes 21 diversified sectors. So trend of nifty decides the sector’s trend. Here get free suggestions regarding trend of nifty to trade. Get free economic data and news which affect the trend of market and index.

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How to know Nifty Trend for today

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  1. How to know Nifty Trend for today

  2. To know the trend of nifty we have to first know about index Nifty. Nifty is the Blue chip index of NSE which is national stock exchange. Nifty index can be considered as a barometer of Indian economy and is professionally managed. The top 50 companies listed on NSE from different sectors like Manufacturing, Pharmaceutical, IT, Energy, Infra, Banking, Auto etc. are included in index Nifty with different weightage. Depending upon the market capitalization of each selected companies weightage is given, like Reliance industries has highest market capitalization, so weightage of Reliance industries is more than other companies listed in Nifty. Other companies having weightage from different sector like Infosys, TCS, SBI, IDEA, HDFC etc. are there. Movement of these stocks decides the trend of Index Nifty. If more than 50 percentages of these stocks remain in positive then Nifty index remain in green or move up and if more than 50 percentages of these stock remain in negative zone then Nifty index move down.

  3. Different methods are there to know the Nifty Trend today. • Current economic News of India and world. • Call put ratio • Technical trend • Nifty trend depends upon the economic step taken by the Govt. for growth. Analyze the news and its effect on the economy to know the trend of nifty. • 2. Calculate the ratio of call option volume and put option volume to know trend of nifty. If ratio is greater than 1 then more traders are in positive side and if ratio is less than 1 then traders are in bearish side. • 3. Technical trend is the most important way to find Nifty trend. Know support and resistance level for nifty to trade. To know this use different kind of Technical analysis chart. Use candlestick pattern to know the nifty trend.

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