- US markets closed higher Yesterday.
- Asian Markets are all Trading mildly Positive.
- Stimulus talks are going on in U.S
- SGX Nifty is Trading around 11930.
- Yesterday another news that PM Modi is going to address the Nation.
- It was just related to Precautionary measures and nothing much.
- So that is a Non - Event for the Markets.
- Nifty is very close to 12000.
- This is a make or break level for Nifty.
- If we decisively cross this level then we can expect further Momentum and steam in the Markets.
- This will be the 2nd time where Nifty is trying to cross 12000.
- Yesterday Reliance came up with 5G news Announcement.
- This might trigger a Positive sentiment in Reliance.
- Reliance being the highest Weightage component in Nifty.
- If it gives a big move then it will definitely carry Nifty with itself.
- FII's have started buying.
- So every Possibility that Nifty may give a breakout above 12k.
- HUL came up with good results Yesterday so that might trigger a good rally in FMCG Stocks.
- Nifty might Trade between 11880-12060.
- 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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