- U.S Markets closed higher in the last 2 trading sessions.
- On Monday night U.S Markets went closer to 52 week lows and there was a sharp recovery
- Dow recovered 500 points in the last hour of trade.
- Yesterday as well the momentum did continue.
- Asian markets are higher.
- SGX nifty is flat.
- Today is the most awaited decision day.
- U.S fed rate hike.
- I sense it's already priced in into the markets.
- Risk - reward favours going long now.
- I sense all the global markets and we have made a short term bottom
- Nifty bottom should be at 16800.
- Keeping this as stoploss and can go long.
- There could easily be a 3-5% rally in Global markets after rate hike news.
- 50 basis points in the expected rate hike today.
- I don't see there would be any sort of disappointments.
- HDFC Bank and hdfc Ltd are showing good resiliency.
- Hdfc has posted very good numbers and these 2 stocks have finally stopped falling.
- The sentiment is very negative and everyone looks bearish.
- Everyone talking Nifty going to 16500 -16000 etc and that's most likely you should be on other side.
- LIC IPO is a major headwind and will suck lot of liquidity from the market.
- I will give my detailed view on LIC IPO tomorrow in the blog.
- I don't see LIC IPO listing at so much discount as Paytm did.
- Those who applied for Paytm IPO faced huge losses and hence it disturbed Market.
- I see smooth sailing of LIC IPO without a lot of turbulence to market.
- Nifty might Trade between 16980 to 17220 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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