- US markets closed higher on Friday.
- Asian Markets are also trading higher.
- SGX Nifty is up 70 Points.
- U.S Markets closed higher in Stimulus hope as the Jobs data was not upto the Mark.
- Over the weekend, US passed Stimulus Bill of US1.9 Trillion.
- This is creating a very Positive sentiment in the whole World Markets.
- Indian Markets are on a Dream Run since last week.
- Bank Nifty up 15% and Nifty up 10-12%.
- SBI up 40% in a week.
- Never ever this has happened before.
- 15k is a Psychological Resistance and once this is taken out we can see more higher levels soon.
- Markets won't rally as fast as they were from last week , the pace will surely reduce.
- But yes there is more to come after 15k.
- Not immediately but maybe in due time.
- ITC , the Sleeping Elephant has also woke up now.
- It is set to declare results this week.
- Auto Stocks are Underperforming now.
- This is the only sector not participated & haven't contribute majorly in the rally.
- Put Options are trading at high Premiums and now is the best time to sell Puts on any correction.
- Nifty might Trade between 14940-15080 today.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20. stockmarketadvisory.in
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