- U.S Markets closed at record highs yesterday.
- Right now Asian Markets are mixed.
- SGX Nifty is flat at 17880.
- The talk of the town is IRCTC.
- Government has announced that IRCTC has to share 50% of convenience fee with Govt.
- The stock is in split and shares have not been credited yet to demat.
- This sudden news will cause a panic in the Market.
- People invest in the company looking at its management and Trust .
- IRCTC was preferred because of its Monopoly and no intervention in Corporate Governance.
- This change will hit a big damage and impact the reputation of the Management.
- October Expiry was the worst for Bulls.
- Markets crashed Yesterday due to heavy FII selling and also Expiry related issues.
- 17800 is the critical level for today.
- If we close below 17800 today then it's time to become bearish in the short run.
- If we manage to hold on today then we can expect stability going forward.
- Traditionally November is a very good month for Bulls.
- Last 3 Years November has given positive returns.
- Last Month it was 11% return in November for Nifty.
- Nifty might Trade between 17800 to 18000 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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