- US markets closed Flat Yesterday.
- Asian markets are trading with negative bias.
- Chinese Markets are closed for a week.
- SGX Nifty is In Flat Terrain.
- Markets all over the world are consolidating at higher levels.
- Indian Markets are also the same.
- An Agreement has been signed at Indo - China Border to control the Military forces.
- This will trigger a Postive sentiment over the Globe.
- Reliance Witnessed a good short covering rally Yesterday.
- If Reliance continues its momentum then downside for Nifty is almost NIL.
- India VIX cooled off a bit Yesterday.
- Over the Budget India VIX kept increasing.
- Yesterday's fall in India VIX indicating the fear is reducing at higher levels.
- Also Markets have been Consolidating so this is also contributing for a fall in India VIX.
- Consolidation is also a Positive sign for the Bulls.
- ITC has come up with decent results Yesterday.
- FMCG division in many areas witnessed double digit growth.
- It would be interesting to see how the stock reacts today.
- Expecting this week to be a Consolidation week.
- Don't expect Markets to make a big move.
- 15000 to 15400 is the primary range.
- Will look for Adjustments if this range doesn't hold on.
- Nifty might Trade between 15080-15260 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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