- U.S Markets closed lower on Friday.
- In spite of good jobs data markets closed lower.
- U.S Markets were in green for the first half but 2nd half witnessed massive sell off.
- This shows Volatility is again beginning to creep in.
- Right now Dow futures are higher.
- Asian markets are mostly lower.
- SGX Nifty is down 50 points close to 17500.
- As I pointed out earlier I'm bearish on the markets.
- 18000 is the positional stoploss for shorts.
- Another reason for bearishness is Adani group stock prices.
- Once the bubble bursts here it could damage the sentiment of the Market.
- 17200 to 17600 is the short term range for Nifty.
- Expect markets to consolidate within this range for a while.
- Nasdaq has again turned into bearish zone.
- Due to this we are witnessing sell off in Indian IT stocks too.
- FII's after Fed event seem to be confused.
- Sometimes they sell sometimes they buy big and give mixed signals.
- That's the reason I don't expect a big trending move anytime soon.
- Nifty might Trade between 17350 to 17650 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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