- US markets closed a bit higher yesterday.
- Asian Markets are a bit lower.
- SGX Nifty is Trading near 14450 now.
- Yesterday due to ICICI Bank results Bank Nifty was up more than 700-800 Points.
- ICICI Bank has one of the highest weightage in Bank Nifty.
- Also there was a bit of short covering Yesterday in both the indices.
- U.S and Partner countries have agreed to help and provide assistance relating to Covid.
- This is a positive sign and will be taken in a good note by the Markets
- Tesla came out with good results Yesterday.
- Today Axis Bank will declare after Markets hours.
- The NPA Percentage and slippages will be iin focus.
- In the Short term 14200 is a good support and looks as we have made a short term bottom there.
- Yesterday the former Chairman of Maruti expired so Maruti was down.
- Maruti and Bajaj Finance are also set to declare results today.
- Markets will react and move based on results from here on.
- This is an Important results season.
- Corona Virus problems still continue.
- Positive aspect is we are becoming stronger and are finding more ways to combat the virus.
- Nifty might Trade between 14320 to 14620 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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