- U.S Markets closed higher yesterday.
- Dow futures right now are slightly lower.
- Asian markets are mixed.
- SGX Nifty is up 80-90 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.
- Yesterday again just before opening there was a big breaking news.
- The merger of HDFC Ltd and hdfc Bank.
- SGX Nifty was down 30 points yesterday.
- But due to this news there was a huge buying in HDFC twins.
- And we had a huge gap up.
- FII's who have been selling these 2 stocks left right and centre since 6 Months got trapped.
- This propelled huge short squeeze.
- Yesterday all the rally has been contributed by these 2 stocks itself.
- Both FII's & DII's were net buyers again yesterday.
- We have had a fantastic rally from 15700 to 18100 in just a Month time.
- This could easily go on till 18500.
- Then we have to look for all time highs to be taken out to get further momentum.
- Expect consolidation between 18000 to 18400 for next 3 trading sessions.
- Do not go short in this Market.
- I know many Bears who got killed yesterday and many who are still short.
- They will also be killed soon.
- Follow the trend and don't stand in between the momentum.
- Nifty might Trade between 18100 to 18400 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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