- US markets closed about 2% higher Yesterday.
- Asian markets are also Trading higher.
- SGX Nifty is almost flat.
- Markets have witnessed a fantastic rally in past few sessions.
- Now we are very close to all time highs.
- Nifty is just 2% away from all time highs whereas Bank Nifty around 20-22%.
- No matter whatever happening in U.S our Markets are rallying.
- It seems like we have decided not to go lower.
- Once there is a clarity and a possible announcement of Stimulus, we have every chance of hitting all time high in this series.
- Yesterday India VIX crashed about 9%.
- But US VIX crashed One thirds in last 2 trading sessions.
- India VIX below 30 is a good sign for option sellers.
- FIIs have started buying whereas DII's continue to sell.
- Biden has a big advantage over Trump now.
- Trump has approached the Court but it doesn't seem to be working yet.
- This is a buy on dip Market now.
- We have closed decisively above 12k.
- Every dip needs to be bought into.
- Nifty might Trade between 12040-12220.
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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