- US markets opened 1.5% higher Yesterday but closed Marginally higher.
- Asian markets are Mixed.
- Yesterday our Markets opened with good Optimism but closed at the lowest point of the day.
- This was on the back of 500 Point fall on Monday.
- Nifty fell more than 600 Points in just 2 trading Sessions.
- Buy on Dip days Seem History & now we are turning into sell on rallies Market.
- Crude Oil Prices have risen by 25%.
- After Bitcoin , Crude Oil seems to be the Most Volatile Trading Instrument.
- FII's & DII's combined have sold more than 2000 crores Yesterday.
- As Mentioned in previous days Blog that Bank Nifty would continue to Underperform & this seems to be Continued till this Expiry.
- Bank Nifty has fallen more than 15% in just 2 Trading Sessions.
- Financials are the Weakest sector in the Current Market Environment.
- Petrol prices have been Increased by ₹8 / litre Yesterday and almost in all the States.
- I've Stopped Expecting anything Positive from this Government on the Economy front.
- If they can handle this Mess without making it Messier then it would be a great job by their Standards.
- India is not a rich country Compared to U.S and we cannot expect huge Fiscal STIMULUS package.
- There is no STIMULUS package announced by our Government even after 2 Months of Lockdown.
- U.S has Announced STIMULUS package more than thrice and has also Transferred money to every Citizens Bank Account.
- Major problem for our markets (i) Absence of Fiscal Stimulus, (ii) Banks requesting for 3 more months of moratorium & huge surge in Corona Virus Cases.
- Second Wave of Corona Virus cases seems to be on the Cards now.
- Telangana Government has already extended Lockdown till the end of May which is not a good sign.
- The Market has reversed the Trend & now in a very Weak Zone.
- The Backbone of Market ie, Financials have been losing all of their Shine.
- Rallies will come and wait Patiently to sell into them.
- Expecting the Markets to be Consolidating & Rangebound & this Expiry to end on a Negative Bias.
- Yesterday there was high Volatility Inspite of falling VIX.
- Nifty might Trade between 9050-9400.
- Bank Nifty will continue to Underperform Compared to Nifty.
- Explore Shorting Opportunities on Financial Stocks specially on the PSU Banks.
- SBI trading near 52 Weeks low, Bajaj Finance at the 52 Weeks low could be good Shorting Opportunities.
- FMCG's & Consumer Durable Companies are safe bets for going long and to hedge your short Trades.
- Consult your Financial Advisor & Trade on your own risk.
- 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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