- U.S Markets were significantly higher yesterday at one point of time.
- But it closed lower.
- There's a saying , Amateurs open the Market and professionals close it.
- Yesterday this significance got realised.
- Right now Dow futures are slightly higher.
- SGX Nifty is down 70 points near 15920.
- Yesterday we had quite a volatile day but we closed at the highest point of the day.
- There was a fantastic short covering rally at the end.
- There's news floating around that Ukraine no longer insisting on NATO membership.
- Which is a good sign .
- This War is goes on more further will prove highly costly to all the interested parties.
- Commodity prices are shooting up like no tomorrow.
- This will shoot up inflation and govertments will ne forced to wage the War.
- Still if Ego comes between then it's difficult to say
- DII's for the first time have been very tough fight to FII's and they have been buying in huge quantities as well.
- LIC IPO is round the corner.
- So there might be Govt instruction to support the Market.
- Until when can they keep on buying that's a big question.
- Yesterday India VIX fell 2.5% and that's a good sign.
- Market moved very stable yesterday as well
- Nifty might Trade between 14750 to 16100 today.
- 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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