Understanding the stock market is very important for traders who want to become successful. From analyzing the market before its opening to staying alert while it closes you need to keep yourself informed about everything and using indicators can make your experience more easily. This blog covers some major things that you must monitor.
- Monitor GIFT Nifty
GIFT Nifty, a casualty known as SGX Nifty is a good indicator for the Indian stock market before its opening and helps to find out opening trends. You can use trusted platforms like 5XTrade and check it Before 9:15 AM
Points to remember
- If the market has a +100 points moment then the Indian market will open with a gap up.
- If the market has a -100 points moment then the Indian market will open with a gap down.
- Ckeck Dow Jones
The Dow Jones Industrial Average is a major American index, that affects the overall world markets. Remember to Check it before the Indian market opens.
Points to Remember
- A positive Dow Jones mostly means a gap-up opening in India.+
- Similarly, a negative Dow Jones means a gap-down Indian market.
- Track volatility from India Vix
India Vix is commonly known as the fear index as it measures the volatility of the market, you must keep your eye every time on the fera index while trading.
Points to remember
- High Vix means a highly volatile market.
Low Vix means the market is stable.
- Watch European Markets
The effect of the European market can be highly seen in the Indian market during the middle of the day. Check the European market around 12: 00 Pm when the European market opens.
The sudden moments in the European market can also affect the market moves in the Indian market.
- Analyze the PCR Ratio
The Put-Call Ratio (PCR) is one of the most important indicators of the Indian stock market.
Points to remember
- A PCR lower than 0.7 means bullish sentiment.
- A PCR of more than 1.2 means bearish trends.
- Regular checks on PCR can help to find the moment of the market.
Monitoring the things and markets listed in this blog can help you to predict and analyze the moment of the market and then even one moment will give you good profit.
You must remember trading is not gambling which runs by luck, it is something that requires a good knowledge about the happenings around the world. Keeping yourself informed and disciplined can help traders to trade effectively with a good strategy.
