- U.S Markets closed lower Yesterday.
- After 4 consecutive massive upward days yesterday there was a bit of profit booking.
- Asian markets are trading lower.
- SGX Nifty is trading close to 17300.
- Today after many days we are about to open flat / negative.
- Last 3 trading sessions we opened with huge gap up on daily basis.
- FII's have turned net buyers.
- They have bought for over 2000+ crores yesterday.
- DII's as usual do opposite of what FII's do.
- DII's booked some profits yesterday.
- Consolidation is the need of the hour for Bulls.
- Markets cannot keep going higher at such rapid pace.
- If it keeps going higher at this pace , as and when fall comes it will be severe.
- We have RBI event coming up this Friday
- It's better if we don't go into the event with huge optimism.
- India VIX was up 6% yesterday after many days.
- Bank Nifty is now close to 38000.
- Just before a Month I was hearing about recession everywhere.
- The term recession has been wrongly interpreted.
- There are 2 terms , recession and slowdown.
- Right now we are witnessing slowdown in Global economy and not recession.
- Recession is where more than 50% of the Corporates lose their Jobs.
- Nifty might Trade between 17200 to 17400 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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