- US markets closed 0.6% negative Yesterday.
- Asian Marlets are mindly lower.
- U.S futures right now are slightly positive.
- SGX Nifty is Trading near 13530 now.
- Yesterday I mentioned 13400 to 13600 range for Nifty.
- This range worked out well & can continue to go on.
- Markets are Rallying too fast too quick are Consolidating.
- Consolidation is infact good for the Bulls.
- I won't like to go long here and won't like to add fresh money.
- Dips would come and that would be opportunity to add.
- Bank Nifty also Trading in a narrow range.
- Next big event for the markets is the Budget.
- After December Month focus would shift on the budget.
- FII's continue to buy.
- In U.S interest rates are Zero.
- Therefore FII's look to invest in Markets and emerging Markets.
- To at least generate some return.
- Today's view is clear buy on dips closer to 13400.
- Bank Nifty near 30500.
- Nifty might Trade between 13420-13580 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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