- U.S Markets closed more than a percent higher Yesterday.
- Right now U.S Futures are slightly higher.
- SGX Nifty inching towards 15900.
- This has been a dramatic recovery in Global Markets.
- Yesterday during our Market hours Dow futures was down more than 1%.
- By Afternoon they have turn positive and since then the rally has continued.
- Yesterday Bank Nifty outperformed Nifty and was up 700 Points from day low.
- After a Big gap down it was a one way Trending day on the upside.
- This upside should continue.
- Today is Tuesday & two days are left before expiry.
- Today we can expect Rangebound markets.
- So Market night throw some surprises Intraday.
- Reliance AGM is scheduled on 24th June and Expectations are quite large.
- Reliance is likely to lead this rally & Outperform on these Expectations.
- FII's & DII's turned net buyers Yesterday.
- Infosys and Reliance are the two which will lead Markets on the upside.
- 16000 is a stiff resistance whereas support has been shifted to 15600 for this expiry
- Nifty might Trade between 15720 to 15940 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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