- US markets were Consolidating.
- Asian Markets are Positive.
- SGX Nifty is up 70 points.
- Markets broke out of 11300 Yesterday but due to Postponement again in Supreme Court Verdict profit booking came.
- Today again we are going to open above 11300.
- Bank Nifty is going to open above 22k.
- What's more important is follow through.
- Once we get follow through above these levels the target for Nifty is 11500.
- Im selling Put Options Aggressively.
- Every dip is a buying Opportunity.
- This is a Bull Market rally which is confusing many people.
- But sometimes the best way is to not to think much and follow markets.
- Markets will give us a sign when they start reversing.
- Until then it's better to stay with the Trend and follow it.
- Titan results were not upto Street Expectations and were poor.
- Axis Bank and ICICI Bank have done QIP and raised money.
- Whether markets take it as positive or Negative is to be seen today.
- Supreme Court Verdict is likely to become a Non Event now after so much delay and Postponement.
- Markets will trade according to Global Markets now.
- FII's were net Buyers Yesterday and DII's were net sellers.
- Nifty might trade between 11240 to 11400.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20. stockmarketadvisory.in
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