- U.S Markets closed higher Yesterday.
- Asian markets are mixed.
- Dow futures are slightly lower right now.
- SGX Nifty is up 130-150 points.
- So yesterday was the major Fed Event.
- Fed raised Interest rates by 75 basis points by tackle Inflation.
- This was a very bold move by Fed to double down the Inflation.
- Their were talks that if Fed raises rates by 75 basis points markets would crash.
- Exactly opposite has happened
- Nasdaq rallied more than 4% yesterday.
- S&P 500 more than 3% and Dow more than a percent.
- Yesterday I mentioned we are not going with complete optimism into the Fed Event.
- Which is quite good for the Markets.
- Markets have already factored in the negatives.
- Many traders place emphasis on the event.
- I place emphasis on the market movement before the Event.
- So now the Fed event is out.
- 16800-16850 is a crutial zone for Nifty.
- Once this is taken out there will be fireworks.
- Yesterday I mentioned 16400 Is a great buy zone.
- Just see how the markets have rallied from there.
- Nifty might Trade between 16650 to 16850 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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