- U.S Markets closed higher on Friday.
- Right now Dow futures are lower.
- SGX nifty is indicating a flat Opening near 15700.
- Asian markets are lower.
- July month also begins with FII selling.
- FII's have sold around 2500cr on the first trading day of July.
- Another record is FII's short position stands at 85% in Index Futures.
- I haven't seen such bearishness not even during Covid times.
- As long as FII's hold such huge shorts there is no significant scope of turnaround in the Market.
- I keep hearing lot of crap like Retailers will take the markets higher.
- FII's will surely join retailers etc.
- This is just a crap , FII's are more informed people and smarter.
- These have huge capital and networks.
- These people know lot more than an amateur retailer & news reaches first to these informed people.
- So I expect much more tough times ahead in the Market.
- Fridays price action was again quite volatile & dangerous.
- Nifty fell all the way to 15500 & then revovered with quicker speed.
- Now even large cap stocks like Reliance also facing the heat.
- It was down 7% on Friday.
- Nifty might Trade between 15600 to 15900 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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