- U.S Markets closed higher Yesterday.
- Dow futures are flat now.
- Asian Markets are mixed.
- Yesterday U.S Inflation data came as it was lower than Expected.
- Inflation data being lower postpones the chances of increase in Interest rates.
- That's why the Global Markets were higher.
- SGX Nifty hit an all time high of 16370 Yesterday.
- Now it's cooled off and Trading near 16330.
- Yesterday the Markets were Volatile during Intraday.
- We had a gap up and then we witnessed selling but ultimately closing flat.
- Yesterday was also a Consolidation on a close to close basis for Nifty.
- Weekly Expirys are generally Rangebound unless there are any fresh news.
- Expecting the same today.
- Expecting weekly expiry to be ranging with slight positive bias.
- From last few days , Midcaps and small caps have been witnessing good amount of profit booking.
- There is a Distribution happening and money seems to be shifting to largecap stocks.
- I am Bullish on Airtel for long term.
- Reason is simple , Idea Vodafone going out of business will have just two players left and make it an Oligopoly market.
- These players will then control the Market Dynamics.
- Nifty might Trade between 16220 to 16360 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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