- US markets fell, worst fall since October 2020.
- Worst Gap down hinting for SGX Nifty today.
- 300 Point Gap down we are likely to open into.
- So the logic is simple , selling again after a gap down doesn't make sense now it's the time to buy.
- Buy big gap downs sell big gap ups , that's where risk - reward is in your favour.
- So I'm interested to buy this gap down on a Positional basis by keeping stoploss of 14650 which is last weeks low.
- Volatility will be high today.
- India VIX is likely to trade above 30.
- Do not worry about Global issues and worry of this gap down.
- Trend will always sustain and it sustains for longer term.
- Many People are talking about Bear Market and trend reversal.
- I don't think so.
- Trends don't change so easily and so quickly.
- So forget about that.
- Nifty might Trade between 14760-15000 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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