- U.S Markets closed higher on Friday.
- Right now Dow futures are crashing.
- SGX Nifty on Friday was up 300 points.
- Right now it's down 400 points.
- Worrying sign is India VIX above 30.
- This war news doesn't seem to end soon and this is causing lot of jitterness globally.
- Reports have been out suggesting Ukraine isn't ready to talk and keep down their arms.
- This has triggered another negative sentiment globally.
- Until and unless this war settles , markets would be reacting on every headline news.
- This would increase the Volatility manifold and would further create problems to trade.
- The best suggestion as of now is to stay away from Market for a while.
- Let this Volatility settle , let the Market settle and then you can always trade.
- As nobody knows what news could pop out and make markets even more reactive.
- Tomorrow we have a trading Holiday and it's advisable not to carry positions over the day.
- If you are trading it's better to settle Positions Intraday only.
- There's every possibility of Market cracking even more so long term investors should not hurry.
- It's advisable to wait for a further dip and then keep shopping bags ready.
- Good Quality stocks can be very well accumulated on declines.
- Nifty might Trade between 16200 to 17000 for this march 3rd expiry.
- Right now predicting Intraday range is next to impossible.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20. stockmarketadvisory.in
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