- U.S Markets closed higher Yesterday.
- Asian markets are mostly higher.
- SGX Nifty is up 150 points.
- Yesterday it was a treacherous expiry.
- Until 1 pm markets were rangebound.
- Nifty was trading in a band of 100 points.
- But then there was a sudden sell off in the Markets.
- Most of the Nifty stocks fell from days high to close at days low.
- Volatility has picked up since the last week.
- Nifty from 18000 went to 17350 and then 17700 finally closing below 17500.
- This was the Volatility in the last week.
- Yesterday I expected FII sell figure as markets fell drastically after 1 pm.
- To my surprise institutional net figure was positive
- Why had markets made such erratic move despite the same is a burning question.
- Reason might be due to expiry related issues.
- Yesterday was the monthly plus weekly expiry.
- So during such expirys markets tend to be more volatile.
- We are starting off September series with a positive note with today's gap up
- Nifty might Trade between 17600 to 17800 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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