- U.S Markets closed 3% Positive Yesterday.
- Asian Markets are also Mostly Positive.
- SGX Nifty is Trading near 9000.
- The Reason of this Global Market rally is because Moderna Inc. a Bio Technology company declared that its Vaccine has got positive results in Corona Virus testing for earlier Stages.
- Yesterday all the World Markets were positive but our Markets Crashed 3%.
- Bank Nifty was even worse and crashed 6.5%.
- The Bluest of Bluechip Stocks were taken to cleaners Yesterday with huge selling pressure.
- NBFC stocks Crashed by more than 15%.
- FII'S and DII's were net sellers Yesterday and have sold more ₹2500 Crores combined.
- Clearly the Markets havent liked the Economic STIMULUS Package announced by the Government.
- The reaction was ferocious and was Clearly visible Yesterday.
- There was huge Volatility Yesterday and Option Premiums were Trading at high Premiums.
- India VIX shot up 9% Yesterday.
- U.S VIX fell 10% Yesterday and is now below 30.
- Markets are likely to Consolidate today and Nifty might again enter the range of 9000 to 9500.
- Bank Nifty seems to be the Weakest of the Two Indices.
- 8780 is a Good Support for Nifty and it found Support near those levels Yesterday.
- If this level breaks then we might Witness 8650 very easily.
- If Markets go into the 9000-9500 range , spends time and consolidates then we might some short covering as well.
- Bajaj Finance is coming up with it's results today.
- Nifty might Trade between 8900 to 9070 today.
- stockmarketadvisory.in
1. U.S Markets closed lower YESTERDAY. 2. All the indices closed lower. 3. Right now , Dow Futures are higher. 4. Asian Markets are all higher. 5. All the Global Markets are Positive right now. 6. Last 3 days , there has been a flash crash in all the Global Markets. 7. There was a Mayhem specially in the Japanese Markets. 8. Japan had hiked the interest rate after 15 long years due to which their currency depreciated and it caused a 20,% fall in Japanese markets. 9. There are warnings of U.S recession post the Jobs data report. 10. Israel - Iran war has been taken escalation. 11. All these news have spooked the Global Markets. 12. U.S VIX jumped 400% in last 4 trading sessions. 13. India VIX jumped 50% Yesterday. 14. Although it doesn't impact us at all , it's the nature of markets to react on news. 15. Right now , Nikkei the Japanese index has opened positive 16. 24000-23850 is a very strong and final support. 17. I expect yesterday's low...
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