- U.S Markets closed mixed Yesterday.
- Right now , Dow futures are higher.
- Asian markets are slightly higher
- SGX Nifty is up 20-30 points.
- Yesterday was a total surprise from the markets.
- Nifty was Indicating a gap down close 17750 but markets opened above 17800 and continued to move higher.
- Bank Nifty rallied 1400 points from the day low.
- Nifty rallied 250 points from the days low.
- All this happened against the Global trend.
- This isn't the first instance where this has happened.
- In September itself , when Fed Chairman expressed his concerns over Inflation , Nifty made a 300 point gap down.
- Entire loss was wiped off the next day.
- Bank Nifty is actually on steroids.
- It's just 200 points away from all time highs.
- All the Banks are flying.
- FII's sold for 1400 cr yesterday and DII's bought for 150 cr.
- There was a net outflow of 1250 cr and still the markets closed higher.
- IT Index crashed 3% yesterday.
- I expect that markets are factoring something ahead of time.
- Which we probably do not know yet or may know later.
- Only Indian markets rallying against global trend makes me say so.
- 17900 , 17800 PE have been sold aggressively.
- 18100 , 18200 CE have been written aggressively.
- Markets are pricing in a ranging expiry as of now.
- Nifty might Trade between 17900 to 18140 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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