- U.S Markets closed flat Yesterday.
- Right now , Asian Markets are higher.
- SGX Nifty is at 18050.
- Yesterday was quite a surprising day for the Markets.
- SGX was indicating a huge gap down of 100+ Points.
- But we opened only 30 Points lower.
- Then Market fell during the day but closed near 18000 towards the end.
- Again a record closing for our Markets.
- This Market is looking very strong.
- Money has now been shifting from IT Sticks to Banks.
- This is what happens in a classical Bull Market.
- Sectoral Rotation under which investors book profit in one sector and it's overvalued.
- Money moves to other sectors.
- Staying with the winners is the way to make big.
- Today is Wednesday and Wednesday trades are highly volatile.
- 18000 CE still continues to have highest open interest.
- If we sustain above 18050 then there is a chance of short covering rally.
- 17900 is a good support now.
- Infosys is set to declare results today and after TCS results the expectations have been lowered.
- If Infosys can provide a surprise then IT pack would be joining the party.
- Nifty might Trade between 17860 to 18100 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...
Comments