- US markets closed Slightly Negative Yesterday.
- Down Futures are now down more than 150 Points.
- Asian Markets are all Negative
- SGX Nifty down 140 Points.
- Reason is U.S Fed take on the Markets.
- U.S Fed Minutes Triggered selling.
- U.S Fed presented a Cautious to negative stance on the Economy , which is triggering sell off.
- AGR case hearing at 2 pm today.
- These 2 events leading to sell off.
- As we are at intermediate highs it is making bigger.
- FII's were net Buyers Yesterday whereas DII's were net sellers.
- Apple becomes the first company to cross 2 Trillion $ market cap.
- Today looks to be a very Volatile Expiry.
- Many news flow coming and most of it are on Negative side.
- Usually a big move is there on Expiry days.
- And this time it would be Interesting to see where it comes by.
- View has become Negative for short term.
- Nifty might Trade between 11140-11340 today.
- 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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