- US markets closed higher.
- Dow Future's down 100 Points now.
- At highest point, Dow was up 1500 points at one point.
- SGX Nifty touched 12780.
- But now they have cooled off.
- This is a post Elections rally.
- Joe Biden winning favours U.S market due to which we witness such sharp rallies.
- Expecting some Consolidation now in the Markets.
- SGX Nifty is up 200 Points now.
- How long will this rally sustain?
- Can we touch to higher highs?
- Time will say.
- But i expect a Consolidation now for few weeks.
- Nifty is up 1000 Points in 6-7 trading sessions.
- This is a stellar rally.
- Trend is still up.
- But im not a buyer now.
- I won't chase these gap ups.
- Market is opening with Big gap ups now a days and consolidating for the rest of the day.
- This is happening from almost 2 Months now.
- Intraday traders are not getting another serious.
- Those who have the guts to carry overnight trades are making money if they are on the right side of the game.
- Call writers are getting trapped with such stellar unexpected rally.
- FII's continue to buy in big nukbers.
- Nifty might Trade between 12620-12800 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...
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