- U.S Markets closed mixed on Friday
- Right now Dow futures are slightly lower.
- SGX nifty is flat.
- Friday was a high volatility session within a range.
- Nifty moved violently between 15200 and 15400.
- There were huge swings throughout the day.
- India VIX closed flat.
- Right now Asian markets are lower.
- Crypto holders are having pain of their lifetime.
- There is absolute bloodbath in crypto Market.
- Each and every crypto is down 70% from the top now.
- Some are Down even more.
- HDFC Bank ADR was up 4%
- Crude oil cooled off
- All this indicating a possible bank Nifty rally.
- Bank Nifty should outperform Nifty in the short run.
- Expecting an Inside candle day for Nifty today as well.
- Nifty likely to trade within Fridays range.
- Nifty might Trade between 15200 to 15400.
- 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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