- U.S Markets closed marginally higher on Friday.
- Dow futures are now lower.
- Asian markets are mixed.
- SGX Nifty is down 30-40 points.
- April series has started with a bang.
- Nifty rallied 200 points on Friday and most of it was contributed in the last hour of trade.
- India VIX crashed 12% intraday.
- This is something amazing and out of the box.
- For the last 6 months markets have been very volatile and India VIX was always above 20.
- For the first time after many trading sessions it has come below 20.
- India VIX below 20 indictes stability in the Market and it's beneficial for the option sellers.
- Also it indicates that market has very limited downside from here on.
- Chances of Market going higher are more.
- Not much development over the weekend.
- Russia - Ukraine is an ongoing problem.
- Pakistan military is likely to take over Imran khan.
- Whether that would happen peacefully or through protests is a matter to look into.
- Pre war high was 17606 on Nifty.
- We have crossed it significantly on Friday.
- This indicates bullishnsss going ahead.
- 17800 is the next resistance , we have resistance at every 200 points now.
- 17800 , 18000 , 18200 etc.
- 17500 is now a strong and immediate support for longs.
- Nifty might Trade between 17600 to 17900 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...
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