- US Markets closed Mixed.
- Right now , U.S Futures are up 0.5%
- SGX Nifty is Trading near 13870.
- Trump signs U.S Stimulus bill.
- Asian markets are positive.
- That is indicating fresh all time high for Nifty.
- Last Monday was the Technical Glitch day.
- Nifty fell 4%, Bank Nifty fell 5%, mid cap and small cap fell 6%.
- I've stated many times in past that Bull Market corrections last only for a day.
- We have recovered all the losses.
- Now we might Consolidate after this big gap up.
- Markets giving Intraday Correction almost daily & these are an Opportunity to enter.
- FII volumes dried up.
- Due to New Year & Christmas holidays.
- Bank Nifty also looks quite strong.
- With all front line bank stocks almost at their highs.
- FMCG & IT is the place to park funds right now.
- Look for stocks which haven't Participanted much in this rally.
- These will be more Value bets.
- Volumes will be very low as its holiday week.
- That also gives room to high Volatility.
- Nifty might Trade between 13740-13880.
- 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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