- U.S Markets closed lower by 750 Points on Monday.
- On Tuesday it recovered 500 points.
- Yesterday by another 300 points.
- So entire loss due to Delta Virus Variant panic selling has been recovered.
- Asian Markets are now Trading higher.
- SGX Nifty is indicating a big gap up 130 points.
- This is a big gap considering expiry today
- Indian Markets highly Underperformed World Markets for the last 2 sessions.
- Bank Nifty was the worst.
- Bank Nifty fell 1400 Points from the top in just 2 trading sessions.
- This was majorly due to HDFC Bank results.
- This pulled down Market to the lower end of the range and now this gap up will make things more interesting.
- There has been huge call writing near 15650 CE and 15700 CE.
- If Market opens as SGX indicates and we sustain at these levels for first hour then today we might witness big rally.
- Huge shorts are built in over the fall and these would run for cover.
- 15600 is a very good support for today.
- 15800 might act as a resistance for the day.
- We might Trade between this range for first range.
- Second half we have look at how Europe Market opens and Dow Future's position to take further call.
- FII's have been selling Unanimously for past few weeks.
- Second half might bring some wild moves today.
- One thing is for sure , India VIX will fall today.
- India VIX has risen almost 15% in last 2 trading sessions.
- Today it is likely to cool down.
- Nifty might Trade between 15600 to 15840 today.
- stockmarketsdvisory.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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