- US markets Opened on a Negative note Yesterday but closed higher.
- Asian markets are mostly Trading higher.
- SGX Nifty is almost flat / Positive.
- Yesterday FII's were net sellers and they sold heavily in Pvt Sector Banks.
- Bank Nifty Underperformed Significantly yesterday.
- Due to Bank Nifty Underperformance , Nifty also was dragged.
- Supreme Court ruling on loan moratorium case is due to today.
- This is the reason why Bank Nifty under performed yesterday.
- Due to Uncertainty because of Ruling , FII's must have booked some profit.
- I expect the Verdict to be a Non event today and it might be postponed further.
- How will the Markets react to the same will be Interesting to see.
- 15000 CE added highest open interest yesterday.
- So this can act as a stiff resistance for this expiry.
- March series was highly Volatile and generally in the last week Market makes a big move.
- Expecting a big move in these 3 trading sessions.
- But for that to happen Nifty should either cross 15k or break 14500.
- As long as Nifty trades within this band this is going to be a ranging sort of Market.
- VIX declined significantly yesterday and closed below 20.
- Yesterday Markets were not much Volatile but today things might change due to SC Verdict.
- U.S VIX was down 10% Yesterday.
- Nifty might Trade between 14680-1492 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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