- U.S Markets at one point of time were crashing.
- Dow Jones down 600 points , S&P 500 and Nasdaq were down 2% each.
- This is because Goldman Sachs predicted there would be 4 rate hikes for the year.
- Inflation is expected to be 7.1% which is quite a lot to worry if it happens In reality.
- Due to all this , there was a panic selling in first half
- In the Second half everything recovered and all is well now.
- U.S Futures and Asian markets are higher now.
- SGX Nifty is flat.
- This Wednesday , we will be having lots of news flow in our Markets.
- Inflation data by U.S , Fed statement , IIP Data , Infosys & TCS set to declare results.
- All this will be coming after the Market hours.
- This is making the World Markets jittery.
- Coming to India , we have closed at the highest point of the day yesterday.
- Both on Nifty and Bank Nifty.
- Momentum is so strong on the higher side that even a minor dip is being bought into.
- Yesterday Nifty tested 17900 and Bank Nifty tested 38000 and the dip got bought aggressively.
- Today if we sustain above 18k then we can a rally during the day as many call writers will be stuck.
- Bank Nifty 38k has witnessed huge call writing as well and they will propell markets higher.
- Nifty might Trade between 17900 to 18200 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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