- US markets closed a percent lower Yesterday.
- Asian Markets were all Trading lower.
- But now things have changed.
- Dow Futures are Trading about a percent higher.
- SGX Nifty is now Trading near 13k.
- SGX Nifty made a low of 12750 on Friday.
- Now it has recovered by almost 250 Points overnight.
- 12780 is a strong support on Nifty.
- 13200 is a resistance.
- Expecting Nifty to trade between these Boundaries for some time now.
- SEBI's 25% margin block & leverage reduction rule will be applicable from Today.
- This might bring in higher Volatility in our Markets.
- We are in a ranging Market now.
- In Ranging Market gap downs need to be bought and gap ups to be sold .
- FII's bought for more than 60k crore in November.
- Now due to these margin issues their inflows might take a hit.
- DII's are mostly short of the Markets
- Most than 75% of the Retail is short on this Market.
- Markets cannot be relied on inflows only.
- Earnings also need to catch up.
- Nifty might Trade between 12880-13080 today.
- stockmarketadvisory.in
- Question of the day by MR. SUJITH.
- What is SGX Nifty and should we track the same overnight?
- SGX Nifty is termed as Singapore Nifty. After our market close Nifty is traded in Singapore Market overnight. Due to which gap ups and gap downs happen in our Market. Positional and hedge traders have to watch SGX Nifty.
- It's better not to track SGX Nifty whole night because it's not in your hand to do anything once the Market is closed and it will disturb your sleep as well.
- Better not to carry so big overnight positions that it will ruin your sleep
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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