- US markets were closed yesterday.
- Asian Markets are also Trading higher Currently.
- SGX Nifty as on Yesterday closing was near 14300.
- Now it's showing a 100 Point gap up closer to 14390.
- Our Markets from last few days have been highly Volatile.
- India VIX had gone up above 25.
- Option premiums are very high.
- Ex Fed Chair Janet Yellen, who is going to be the future Treasury Secretary, called for aggressive Stimulus.
- That statement has made U.S and European futures rise.
- Which also made SGX Nifty to rise.
- All Largecap companies have declared very good Results.
- Pandemic was a speed breaker in the business but Largecaps have come out quite well.
- Infosys , TCS & HDFC Bank have declared very good Results.
- Reliance Industries , another Largecap has announced that it's going to declare results this Friday.
- Expecting another Blockbuster set of numbers from Reliance.
- Bull Markets often witness such quick Corrections when nobody expects.
- Due to these reasons Bull Markets become quite difficult to trade into.
- Corrections like these take in more shorts into the system which in turn help markets to go higher in future.
- Primary trend is Bullish and we are in a Bull Market.
- Nifty might Trade between 14260 to 14480 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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