- US markets closed flat , the same has been going on from quite a long time now.
- Asian Markets are Mindly Positive.
- SGX Nifty is Trading around 11340.
- August upto now seems to be a Month for Consolidation.
- Markets have been Consolidating since last 2 weeks.
- Nifty has been Trading within 300 Point Range.
- With AGR news Postponed there is no major event for Markets.
- Nifty & Bank Nifty is Consolidating but Midcaps are Outperforming.
- Midcaps are in a Bull Market of their own.
- Investors should be very Careful here.
- As Good Quality Stocks are not Performing now from some time ,investors make the mistake of loading up the Portfolio with Junk Midcap Stocks.
- When Markets fall these stocks will fall rapidly while Quality Stocks won't fall much.
- So Investors should always stick to Quality stocks.
- Bank Nifty is showing some strength but all rallies are being sold into there.
- From few weeks Nifty is opening gap up and selling off during the day.
- This seems to be picture.
- FII's were net Buyers Yesterday and DII's were net sellers.
- Expecting this Consolidation to continue for today also.
- Nifty might Trade between 11280-11440 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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