- U.S Markets closed higher yesterday.
- Right now Dow futures are higher.
- Though there is a dip from the highest point.
- There's a news that Russia is testing a missile nuke
- Threats of missile attacks and nuclear attacks still around the corner.
- There's a dip in Global markets due to this.
- Asian markets are mixed
- SGX Nifty is up 30-40 points.
- Tuesday last hour there was a shock in markets.
- Nifty and Bank Nifty both collapsed suddenly without any major news.
- I tried hard to look for some negatives but there was hardly any.
- Such sudden crashes make fear creep into longs.
- People are afraid to go long as they do not know which news might damage and have an impact on markets yet again.
- Right now I sense markets are in a range of 17000 to 17350.
- Though for a brief moment we broke 17k and closed below.
- That was just an irrational move.
- Market on close to close basis are at same level as on last expiry.
- Volatility within this has been huge.
- Hdfc twins looked like they have finally settled yesterday.
- IT gained strength because of Nasdaq.
- Netflix results were poor but most importantly management commentary was highly cautious.
- Netflix management said there was a global slowdown due to which subscribers have been lost.
- Recently many rating agencies have also reduced the Global growth rate considerably.
- If there's Global slowdown due to war , inflation etc then surely it will dent the Market sentiment.
- Nifty might Trade between 17000 to 17300 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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