- U.S Markets closed lower yesterday.
- Right now Dow futures are lower.
- Asian markets are lower.
- SGX Nifty is down 200 points
- This is a huge gap down.
- Yesterday many traders sold huge put options from 17500 to 17700.
- These people will have trouble at opening itself
- Nasdaq has fallen for 7 consecutive trading sessions.
- This is a scary fall.
- Indian markets have been outperforming in spite of such terrible global cues.
- This was my major worry as this cannot keep continuing for long
- When Market falls it will be ferocious as well.
- 18000 is the Market top till Diwali.
- Im Positioning my trades based on the same analysis.
- Yesterday Reliance supported Nifty.
- Else position of Nifty would've been worse
- Nifty has been trading between 17450 to 17700 for a long time
- Closing below 17450 today would lead to more pressure
- U.S Markets traded with huge Volatility yesterday.
- Expect Volatility to shoot up in Indian markets as well.
- 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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