- U.S Markets closed higher Yesterday.
- Right now U.S Futures are trading higher.
- SGX Nifty is trading near 15820.
- Asian Markets are mostly Positive.
- Yesterday we opened higher and were consolidating in the first half.
- Second half witnessed good profit booking due to Bank Nifty & Reliance.
- Bank Nifty was unable to cross 35k yesterday.
- Exactly where the highest open interest was built into.
- Yesterday was one of the least Volatile monthly expiry after many Months.
- June Series was good for the Bulls with Nifty closing 400-500 points higher than preiuous month.
- Bank Nifty underperforming heavily.
- Reliance and IT Stocks have led the rally.
- Going ahead we can expect Bull Market to continue.
- Every dip is a buying opportunity.
- If Nifty has to cross 16k then Bank Nifty has to start performing.
- Bank Nifty support Is required now for Nifty to reach fresh highs.
- I would look to sell Nifty near 15900 today and buy near 15760-15720 with 30-40 points Stoploss either side.
- Nifty might Trade between 15720-15920 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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