- US markets closed in red.
- Asian Markets are Mixed.
- Trump has put a halt for US Stimulus.
- This triggered a sell off and Negative sentiment.
- Yesterday our Markets bounced back pretty well after a huge sell off few days back.
- Coming to know from many Sources that all the Pending orders between 11.30 to 11.40 got cancelled due to Technical Glitches.
- Many traders like me place a Stoploss order and we handle our daily works.
- I take care of clients after putting the same in system.
- But due to Technical Glitch all of them got cancelled.
- So when these Stoploss orders get cancelled it led to huge fall.
- Now this Mutant Corona Virus fears are on the floor.
- Markets are worried about this currently.
- Yesterdays low and high remain important levels for today.
- We might consolidate between these levels for some time & after European Markets open.
- We could Possibly make a big move.
- View remains Rangebound / Negative now.
- FMCG stocks look safe bets now.
- IT Stocks should also be on radar.
- Amidst this Volatility you shouldn't keep your postions open for longer time.
- Enter and get out quick.
- Because one Volatile move can throw you out.
- Nifty might Trade between 13300-13520 today.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20. stockmarketadvisory.in
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