NIFTY: SGX, Futures and Spot

SGX taking support from 100 DMA and a bottom of an upward channel. US markets closed in green.

NIFTY1! SGX up by 150pts: Bullish
NIFTY1! Futures at 100 DMA: Wait and Watch
NIFTY Spot NIfty below 100 DMA: Bearish

Overall verdict: Wait and watch

Monday possible Gap up. Probably will test 18k level on spot.