- U.S Markets closed lower on Friday.
- Right now , Dow futures are lower.
- Asian markets are lower.
- SGX Nifty is flat
- Friday was a day of Bloodbath in our Markets.
- Nifty future high was 18100 on Thursday.
- Yesterday low was 17500.
- This is a fall of 600 points in just a single trading day.
- India is a high beta market.
- When our market goes higher it's super quick.
- Similarly, when markets go lower.
- 17500 is a major support now
- If this is taken out then doors for 17200 open up.
- Markets all over the World are fearful about 100 basis points rate hike.
- This rate hike is likely getting factored in.
- This is a high volatile market.
- The swings are really big.
- Many stocks have turned bearish on Friday.
- Nifty might Trade between 17400 to 17700 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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