- U.S Markets closed lower Yesterday.
- Dow futures are slightly lower now
- Asian Markets are mixed.
- SGX Nifty is Trading near 15780.
- Corporate results have started to kick in for Indian Corporates.
- Titan has come up with fantastic results yesterday.
- In spite of 2nd wave issues results were exemplary.
- Yesterday the star of the show was HDFC bank.
- Everybody is aware of HDFC Bank holding the highest weightage in Bank Nifty.
- HDFC Bank at one point of time alone contributed 350 point gain Yesterday.
- As I've been mentioning to sell Nifty near 15900 and buy near 15700.
- The same continued yesterday.
- Nifty failed to cross it's important resistance of 15900.
- 2nd half witnessed a heavy sell off by the FII's.
- Tata Motors was down 10% yesterday.
- Stock hit lower circuit yesterday as company expressed concerns over Chip shortage.
- Wednesdays are the day before expiry and generally it's expected to be Volatile.
- On a close to close basis we might close mostly flat.
- Intraday Volatility will Continue.
- Nifty might Trade between 15700 to 15900 today.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20. stockmarketadvisory.in
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