- US markets closed at record high Yesterday.
- Another record high for U.S Markets.
- Asian markets are Underperforming.
- SGX Nifty is lower by 20-30 Points.
- 10 Year Bond Yield is higher by 10 basis Points.
- Yesterday was again a very Volatile expiry.
- Markets were all over the place with heavy Volatility.
- Wipro has come up with good results and it was higher in U.S Markets.
- Markets as of now are very confusing and are not giving a proper signal / trend.
- With Covid Cases being reported at record high and new lockdowns things seem uncertain for our Markets.
- Now isn't the time to be Bearish.
- I will become bearish only if Nifty breaks 14200.
- Until that happens I'm going to continue to be Bullish with a rangebound view.
- FII's have turned net buyers.
- Yesterday they have bought plus DII's are also covering shorts.
- Coming week we have results of banking companies.
- These results will decide the trend going ahead.
- Nifty might Trade between 14420 -14640 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
Comments