- US markets fell Yesterday.
- US 10 Year Bond yield shot up to 1.55%.
- This is bound to happen due to more stimulus the Bond Yields will go higher.
- This is a worry for our markets.
- Another worry is the Volatility.
- U.S VIX is now close to 30.
- India VIX close to 30.
- Yesterday the Volatility was high.
- Expecting Volatility to increase going further in March series.
- Nasdaq is down by more than 10% from recent high.
- More than 10% fall in U.S Terms is considered as a correction.
- A fall of more than 20% is considered as Bear market.
- Asian Markets are beginning to recover slowly.
- SGX Nifty made a low of 14800 now trading around 14970.
- Option Premiums are too high indicating significant Volatility going forward.
- If we break today's low I won't be surprised to see 14500 again.
- Expecting Nifty to be volatile between 14800 & 15200 and this is the short term range.
- Nifty might Trade between 14880-15080 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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