- US markets closed higher yesterday.
- Asian markets are all over the place.
- SGX Nifty is trading near 14200.
- Last couple of days , Markets have been witnessing steep Correction in first half.
- Inviting short sellers and then trapping all bears.
- Closing higher every single day.
- Currently , Elections are going on in Georgia.
- For two Senate seats, counting is in action.
- Democrates are ahead in this race
- That may take some time.
- On Friday, they will open postal ballots.
- Boris Johnson cancelled his trip to India amid new Corona virus cases.
- Yesterday the star of the show was Axis Bank.
- It went up 6% and carried Bank Nifty with it.
- President Trump is yet to concede the defeat, even after more than 2 months of US Elections.
- Coming back to our markets, day before yesterday, all sectors did well, except Banks.
- Yesterday Banks out performed.
- Bank Nifty recovered 800 points from intraday low to high.
- Reliance, as usual, under performed and is in Consolidation phase.
- Bajaj Twins are under performing for last few sessions.
- Bajaj Finance fell about Rs 300 from recent high.
- FII's were net buyers and DII's net sellers.
- Both have reduced their Volumes currently.
- Pharma companies have started to get U.S FDA warning letters.
- So these stocks will be in focus today.
- Nifty might Trade between 13130-13320 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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