- US markets closed Lower after 7 days of Outperformance.
- This must be a Normal Profit booking as they hit Fresh all time highs Yesterday.
- Asian Markets are mostly lower.
- SGX Nifty is down 100+ Points.
- Previous Metals like Gold Silver were all down Yesterday.
- Gold was down 5% and silver was down 12%.
- It's Amazing how one Night can change total set up.
- But still I feel that Trends do not change in one day.
- Our trend is Bullish and every dip is buying Opportunity till the Trend bends.
- Markets have been Moving very Volatile between 11100 & 11400 and expiring near 11200.
- 11200 seems to be the mean for Markets now.
- Markets going everywhere but coming back to 11200.
- Yesterdays upmove was Majorly because of Bank Nifty & Reliance.
- Reliance reversed back from lower end of it's range of 2100.
- Markets recovered from there after touching to 11300 Yesterday.
- Markets will give these moves and keep bears active and Eventually trap them.
- So the best idea is to follow the Trend and build positions with the Trend.
- Going against the Trend way too early can make you Bankrupt.
- ITC also Supported the Markets Yesterday.
- IIP Data was better than Previous Months IIP Data.
- FIIs were net Buyers Yesterday and DII's were net sellers.
- No big change out there .
- Nifty might Trade between 11180-11340 today.
- Market will be highly Volatile today and generally wednesday is high Volatile day.
- 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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