- U.S Markets closed higher Yesterday.
- Dow futures are slightly lower now.
- Asian Markets are mixed.
- SGX Nifty is Trading near 15840.
- Yesterday Night SGX Nifty touched 15900 briefly.
- Expecting a ranging expiry today as well.
- 15900 CE has the highest open interest among call options so this will act as huge resistance.
- 15800 PE has highest open interest.
- So expecting markets to trade within this range.
- Bank Nifty yesterday took support at 35500 and bounced back sharply from those levels.
- Any dip towards 35500 should be bought into for Bank Nifty.
- I would like to buy into today's dip at open.
- Clean Science IPO is a recommendation from our side.
- Company has reasonable valuations with strong growth prospect.
- You can apply into this IPO both for listing gains as well as Long term.
- Auto Sector to perform Negative due to Semi Conductor shortage.
- This is Temporary.
- So long term investors can invest into dips in Auto Sector
- Nifty might Trade between 15760 to 15900 today.
- Bank Nifty might Trade between 35400 to 35900 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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