- U.S Markets crashed yesterday.
- Right now Dow futures are higher.
- Nasdaq crashed 3% yesterday and closed at 52 week lows.
- This is because both Tesla and Twitter are down after Elon Musk deal.
- SGX nifty is down 150 points
- U.S Markets are making huge moves everyday and are highly volatile.
- This is making our markets volatile as well.
- Yesterday Nifty saw a huge short covering rally at the end.
- Everything was Bullish.
- Today we have a gap down.
- Such stuff makes life very difficult for traders.
- Today we have many key corporate results in U.S
- These would decide the future course of action.
- LIC is expected to come with IPO in the first week of May.
- They have reduced the size from 5% to 3.5%.
- Also there is a good discount of retail allotment.
- These are some positives coming out of IPO Market.
- U.S markets are expected to remain volatile until FED meet.
- Our markets do follow global cues but we are outperforming all global markets in short run.
- Nifty might Trade between 16980 to 17220 today.
- Yesterday there was heavy put writing at 17000 , 17100 & 17200.
- FII's have been selling fromast 14 sessions
- 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...
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