How to do Technical Analysis of SGX Nifty / Gift Nifty Future?
Technical analysis is a powerful tool for traders looking to understand the price movement and live trends of Gift Nifty. By studying historic charts, specifically weekly or daily charts, traders can gain valuable insights into the market’s behavior and identify major trading levels. These levels are not only followed by individual traders but also by FIIs and fund managers, making them crucial reference points for informed decision-making. Incorporating technical analysis into trading strategies can significantly enhance the accuracy and effectiveness of trading activities in SGX Nifty