- U.S Markets closed lower Yesterday.
- During our Trading hours , U.S markets were lower by 1.5% on all Indices.
- This was due to rise in Bond Yields and Crude prices.
- Dow futures and Asian markets are lower now.
- SGX Nifty is down 20-30 Points.
- Yesterday during trading hours news broke out that FM Nirmala Sitharaman is going to address an Important economic issue
- People were anticipating some reforms due to COVID.
- But it was actually more of Political one than Economical.
- This has even more dented the sentiment of investors.
- Bajaj Finance came up with excellent results yesterday.
- Yesterday was a high volatile trading day.
- Nifty tested 18350 and then reversed significantly.
- Today as well there would be weakness in the Markets
- 18000 is a strong support both on weekly and monthly basis.
- This should provide cushion.
- 38000 is a strong support on Bank Nifty.
- We are likely to open near 38k on Bank Nifty.
- Texture is weak now until global Markets recover.
- Nifty might Trade between 18000 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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