- As soon as News emerged that Donald Trump has Tested Positive for Corona.
- Markets all over the World fell by 1-2% except China Market. (UNDERSTAND CHRONOLOGY HERE)
- He has released a Video on his Twitter timeline stating next 48 hours are very critical for him and he is in a good condition now.
- So Asian markets are higher.
- SGX Nifty was below 11300 on Friday when Trump news has highlighted.
- But now SGX Nifty trading around 11400.
- Heavy news flow lined up for this week.
- U.S Stimulus.
- Trump Health.
- Interest on Interest case in Supreme Court.
- U.S Elections etc.
- Expecting Markets to remain highly Volatile in the midst of all this.
- FIIs have turned net buyers after selling for more than 20k crore in last 2 weeks which is a positive.
- As trump tested positive , today's FII data will be interested to notice , whether they remain buyers or turn sellers.
- Reliance retail is attracting more investments.
- Reliance has bagged another cheque from GIC (Govt Investment Corporation of Singapore) is investing about ₹ 5500 crores.
- Upside 11550-11600 is a big Resistance level.
- Whereas downside 11200 is a support.
- Expecting Markets to be Volatile within this range.
- If any of these levels broken Significantly then we can see big Moves in that direction.
- Nifty might Trade between 11320-11480.
- 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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