- U.S Markets closed lower on Wednesday.
- Thursday our Markets were closed.
- Yesterday, U.S Markets were flat.
- Asian Markets are all down.
- SGX Nifty is down by 200 Points and Trading near 16350.
- Reason for this is Majorly due to Afghanistan issue.
- Afghanistan has closed down its borders and has restricted movement of goods.
- Import and Export have now been stopped by the entry of Taliban.
- This news had come around on Wednesday and was confirmed by the Authorities later during the day.
- Indian Exports and Imports from Afghanistan is more than 1200 Million $ per year.
- This Blockage and restriction will hamper India's Business in future.
- U.S Fed also indicating taper tantrum to take place much sooner than expected.
- All these news over the Holiday has led to such fall.
- Now the Million Dollar Question is what Next from here?
- The trend now has surely become Negative.
- Market wont fall in a straight line but will witness bounce in between.
- These bounce should be used as an Opportunity to exit long positions by the Traders.
- Once this sell off stops , Market makes a low and starts to recover. We would again be in a Bullish Zone.
- Nifty might Trade between 16240 to 16480 today.
- stockmarketadvisory.in
1.U.S Markets closed higher Yesterday 2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically. 9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country...
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