- U.S Markets closed mixed yesterday.
- Right now Dow futures are flat.
- Asian markets are mixed.
- SGX Nifty is flat
- Suggesting a flat opening for the day
- Yesterday was a totally unexpected session.
- Market crashed 300 points and banks crashed more than 2%.
- Friday was a narrow range day of 17400 to 17500.
- As soon as we broke 17400 it was a collapse.
- FII's & DII's both were net sellers yesterday.
- Combined selling was close to 2600 crores.
- This could be possibly due to RBI Policy fear.
- Fear of an interest rate hike by the RBI and rise in crude oil might be the Possible reasons of this sell off .
- Selling was so severe that Nifty fell almost 400 points Intraday.
- 17120 was yesterday's low for Nifty all the way from 17520.
- Without any corresponding negative news.
- India VIX shot up 8% yesterday.
- Market returns have turned negative for the year 2022.
- Nifty might Trade between 17120 to 17400 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...
Comments