- U.S Markets closed slightly higher yesterday.
- Asian Markets are mixed.
- SGX Nifty is up by 10,20 points.
- U.S Markets are into a long term consolidation.
- Our Markets are on the verge of making fresh highs.
- Mid cap index has already touched fresh all time highs.
- Due to some underperformance in heavy weight stocks the major indices might take some time.
- Today is the May expiry & it has been a very good month for the Bulls as on today.
- Nifty is away just a percent from all time highs whereas Bank Nifty is away 7-8%.
- As for value traders Bank Nifty has a good value on the upside from here.
- It's just a matter of time before the Bank Nifty catches up with Nifty.
- Reliance and HDFC Bank have been underperforming the Nifty.
- Once these 2 stocks turn around then the situation will change.
- It's a buy on dip Market.
- 15000 is a strong support and any dip can be used to sell 15000 PE June Expiry.
- FII's were net buyers whereas DII's were on the sell side.
- Monthly Expirys are highly Volatile so trade with caution today.
- Nifty might Trade between 15180-15420 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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