- U.S Markets closed higher Yesterday.
- Dow Jones for the first time closed in green after 5 Consecutive negative days.
- Right now Dow Futures are higher.
- SGX Nifty is near 17410.
- Yesterday as soon as Markets opened there was a big dip in the Market.
- Nifty touched 17250-17270 yesterday and from there recovered towards the end of the day.
- India VIX was up 5% as soon as we opened.
- Towards Closing , India VIX closed lower.
- 17400 CE has a huge open interest this weekly expiry.
- Today we are expected to open gap up.
- As per the Indication of SGX Nifty.
- If this gap up gets sustained , then we might witness a large short covering rally for this week.
- 17250 is a strong support on the lower side.
- Yesterday Markets were weak because of Reliance.
- Reliance fell 2% Yesterday due to postponement in Jio Mobile launch.
- Banks also witnessed large amounts of profit booking Yesterday.
- IT led the recovery Yesterday with Infosys touching 1700.
- Rangebound view continues until we break out of 17450 decisively.
- Nifty might Trade between 17300 to 17480 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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