- U.S Markets closed flat yesterday.
- Right now Dow futures are slightly lower
- SGX nifty is higher & trading at 15750.
- Asian markets are lower.
- Markets all over the World are in a consolidation phase.
- Markets not reacting negatively to headline news is in itself a positive outcome.
- June also we are closing negative.
- Every month since November we are closing negative.
- This indicates a bear Market.
- The trend is towards downside.
- Yesterday the GDP expectations were -1.5%.
- But the actual figure came at -1.6%.
- Even then there was not much swing in U.S Market.
- Infact U.S VIX closed lower yesterday.
- India VIX refuces to fall gradually.
- Someday there will be huge gap up & India VIX will directly fall 10% at open.
- Not giving anybody any Opportunity to enter.
- The Large gap ups and gap downs have been another problem to tackle now.
- Last 2 days Nifty has been trading in a narrow range of 150 points.
- 15700 to 15850 has been the range.
- I would wait for a break below 15700 to short Intraday.
- Else would short near 15800-15850.
- I won't look to buy I would only look for shorting opportunity today.
- Yesterday Reliance was the only saviour for Nifty.
- Bank Nifty was quite weak.
- Nifty might Trade between 15500 to 15850 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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