- U.S Markets closed mildly Positive on Friday
- Asian Markets are all Trading higher.
- SGX Nifty is around 11760.
- Indicating a gap up of about 80+ Points.
- Bank Nifty is the star of the show Currently.
- Bank Nifty was up 1000 Points on Friday and has clearly broken out from all its Resistances.
- Bank Nifty itself is taking Nifty higher.
- Weekend another major news was announced relating to Reliance - Future group deal.
- Expecting Reliance to Trade on a Positive momentum after this.
- Only last week RBI Governor said markets will correct.
- Markets are moving higher with more momentum after that.
- Today's talk of the town is Reliance buying Future Retail.
- Second big news is the extension of Moratorium by Banks.
- Moratorium extension is Negative for Banks and vice versa.
- PSU banks are looking so strong and on a serious Bull Market.
- Look for pockets which was not performed in the recent rally.
- These are where you can make money now.
- Buy the Dip and ride the Trend.
- Nifty might trade between 11660 to 11820 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...
Comments