- U.S Markets closed higher Yesterday.
- Dow futures are higher right now
- Asian Markets are higher.
- SGX Nifty is up 180-200 Points.
- We will have a gap up opening today as per SGX.
- Yesterday was the day of Bank Nifty.
- All the Banking stocks zoomed yesterday and Bank Nifty flew.
- Reason was the results of Mother Bank , HDFC Bank.
- When the leader of the pack announces fantastic numbers , it's implied that the pack would also declare good results.
- U.S VIX crashed 5% Yesterday.
- Expecting India VIX to close below 18 today.
- India VIX below 18 is safe.
- Below 15 is super safe.
- 17500 is a crutial level to watch out for.
- As this is the upper band of the range , a close above this would indicate further strength and momentum in the Markets.
- Bank Nifty is likely to outperform Nifty for this expiry.
- Will exit all my longs on today's gap up.
- Would build fresh longs only on a close above 17500.
- Nifty might Trade between 17300 to 17600 today.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20. stockmarketadvisory.in
Comments