- U.S Markets at one point of time were 300 points but recovered towards the end of the day.
- Right now Dow Futures are lower.
- Asian Markets are under pressure.
- This is because Chinese Govt is running behind technology companies.
- Yesterday Chinese and Hong Kong markets fell significantly and now Chinese futures are lower.
- SGX Nifty is trading near 15900.
- Yesterday in spite of such Global turbulence , our markets performed extremely well.
- Infact Indian Markets outperformed other Asian Markets yesterday.
- In spite of Such huge FII selling , DII's and retail people continue to support the Market.
- ICICI Bank results were up to the Mark and that changed Bank Nifty view.
- After HDFC Bank results , Bank Nifty view was Bearish but now it has become neutral.
- I expect rangebound Market to continue for this week.
- 15600 to 16k continues to be the range on Nifty.
- 34500 to 35500 on Bank Nifty.
- Infosys hit fresh all time high Yesterday.
- Perhaps the foreign investors might have dumped Chinese based IT Stocks and shifted money to Indian Based IT companies.
- Axis Bank declared results yesterday at it seemed okay at the first look.
- Will analyse the same in detail this weekend.
- Nifty might Trade between 15780 to 15940 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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