- 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 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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