- US markets ended Flat Yesterday.
- Asian Markets are Trading Negative.
- SGX Nifty is Trading near 11510 & down by 100 Points.
- Just a Month to go for the U.S Presidential Election.
- This will be a major event for the Markets and will decide the Future course of Action.
- Currently we are Consolidating with a positive bias.
- U.S Fed made an Important Announcement Yesterday that there would be low interest rates for next 3 Years.
- This is a positive thing for Equity markets as low interest rates increase Liquidity in the Markets and fusion additional cash.
- IT Stocks and Reliance are Trading at fresh all time highs.
- Pulling up Nifty higher.
- Bank Nifty is still very very weak.
- Was up only 0.5% Yesterday while Nifty was up more than a Percent.
- Clearly Money is not chasing the Financial Stocks as of now.
- Markets can continue to be Irrational more than what you can imagine.
- Today is weekly expiry so Expecting some Volatility going ahead.
- Bank Nifty in itself will be highly Volatile today.
- I do not think Markets will make any Big Moves today.
- But sudden big Moves will chop you on both sides.
- Option writers should play the range.
- Nifty might Trade between 11480-11600.
- 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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