- U.S Markets closed lower yesterday.
- Right now Dow futures are slightly higher.
- SGX Nifty is down 200+ points.
- This Russia - Ukraine seems to be prolong.
- Until this goes on , Market won't settle.
- Uncertainty would creep Market towards downside.
- Reports have been suggesting that we are going to have 2nd peace talk today.
- This will be going on starting from today.
- Slowly slowly all the countries are joining Ukraine and Russia seems to be left alone.
- This is a repeat situation of a break up actually.
- During break up , Girls have 10 other more girls with her to calm her down to make her realise life has to go on , you deserve better etc.
- In the Case of boys , friends just say Girl has been saved🤪.
- Now exactly the Boy (Russia) is standing alone without any support and this could impact Putin's mind and he could go for some frenzy options.
- Second option is he obeys to other countries has peace talks and ends the matter.
- If there is nuclear war then Market will collapse at least 10% from here on.
- I still feel day before yesterday's low of 16400-16350 is a good support for today as well.
- Amidst this huge Volatility one could prefer a buy trade near these levels with 50-80 points stoploss.
- I expect Volatility to increase even more today.
- Option premiums are crazily priced.
- Even far away puts are having lofty premiums.
- Nifty might Trade between 16200 to 17000 in next 2 days.
- No use of predicting day range in this Volatility.
- 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
Comments