- U.S Markets closed mixed on Friday.
- Asian Markets and Dow Futures are flat now.
- SGX Nifty is Trading near 18150.
- Markets have been super volatile from last 4 trading sessions.
- Nifty has corrected 550 Points from 18600.
- Bank Nifty keeps hitting fresh highs.
- There was a time when Nifty was hitting fresh highs on regular basis.
- Bank Nifty was flat.
- Now the tide has changed and money is flowing to Banking stocks.
- ICICI Bank over the weekend has declared box office results.
- Reliance results were good as well.
- The problem for the Market is FII selling.
- FII's have been selling very aggressively from last 4 trading sessions.
- Selling more than 2000 crores on a daily basis.
- This is causing a negative sentiment in our Markets specially in Nifty for a short term.
- The issue is many traders have been stuck at higher levels as they have been used to such corrections
- Also this is one of the longest corrections in last one month.
- Expect Markets to remain volatile and also there are many results lined up this week.
- There is huge call writing at every level of 18200 , 18300 , 18400 etc.
- Market might be Volatile between 18050 to 18200.
- Nifty might Trade between 18000 to 18300 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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