- U.S Markets witnessed slight profit booking yesterday.
- Asian Markets are flat.
- SGX Nifty is trading near 16280 now.
- Dow Futures are flat.
- Our Markets have witnessed a fantastic rally in last 2 days.
- Nifty was up by 400 points
- Bank Nifty up by 1500 + points.
- Hdfc Bank results dragged Bank Nifty lower by 1500 points but now Bank Nifty has recovered all losses.
- SBI results has turnaround Bank Nifty in the past.
- Yesterday is was no different.
- SBI results were better than other Banking results.
- Bank Nifty crossed 36k briefly at one point.
- Today is weekly expiry.
- This rally for last 2 days continue to go as usual.
- Markets cannot go up so fast everyday.
- Now Consolidation is required for Bull's.
- Expecting a ranging day today with Slightly positive bias.
- Generally weekly expiry are Rangebound.
- Nifty might Trade between 16180 to 16340 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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