Intraday Trading Tips for Today; Global cues positive

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The Indian Intraday equity market is expected to open significantly in the green today with the SGX Nifty, an indicator of the market opening, trading at 8852, up 35.50 points at 7:20 am. The market continued to tread on its road to riches with Sensex and Nifty logging seven days of unbroken winning streak on Friday. 

From last week, Nifty rallied 332 points to close at 8,836 and Sensex added 1167 points to close at 29,279 levels, Nifty closed at record levels yet again on Friday. Global cues are positive with the US markets ending with modest gains as investors braced for the FOMC meeting that will begin today.European markets closed higher, despite opening the session lower, as investors digested news that anti-austerity party Syriza won a general election in Greece on Sunday. 

Asian Intraday markets too are in the green, hitting fresh highs buoyed by a relatively inspiring handover from Wall Street overnight.In other asset classes, the euro held onto modest gains, bouncing off an 11-year low as investors decided to take profits on extremely bearish positions.Nymex crude is steady above USD 45 per barrel after a three-session fall that dragged prices to near their lowest level in almost six year.