- U.S Markets closed lower Yesterday.
- Asian Markets crashed Yesterday.
- Nikkei was down 4% Yesterday.
- SGX Nifty right now is at 17600.
- OPEC Pointed out Yesterday for not increasing their Crude Oil Production.
- This led to shooting up of Crude Oil Prices.
- Crude Oil has crossed 81$ / Barrel.
- Facebook , Instagram and WhatsApp were down 6 hours Yesterday.
- Also there have been reports of Stealing users data by hackers.
- This led to panic selling in IT stocks Yesterday in U.S.
- Nasdaq was down more than 3% at one Point.
- Yesterday was an Unexpected rally in our Markets even when Global Cues were Negative.
- 17450 is a strong support and 17750 is a strong area of resistance.
- Expecting markets to move violently within this range.
- Expecting a Breakout out of this range in the second week of October.
- Right now we are stuck between Weak Global Cues and Positive local cues.
- These sort of dips should be bought into at every declines.
- We are in a strong uptrend now.
- When Global Markets start to rally then we would be participating with full steam on the upside.
- Nifty might Trade between 17520 to 17720 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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