- U.S Markets closed lower on Friday.
- Right now , Dow Futures are lower.
- SGX Nifty is down 100-120 points
- Asian markets are mostly lower.
- Friday session was a intense volatile one.
- Before RBI press conference , markets were down.
- As soon as it got over , there was a heavy short covering rally.
- This rally had powered Nifty above 17k.
- Trend is sell on rally.
- There will be powerful short covering rallies.
- In due course , they would be sold into.
- U.S Markets look very weak
- Apple is down 10% now in last week.
- When Bluechips start to callapse that's when markets bottom out.
- Bottom is quite far away now.
- I don't think it's been done yet.
- U.S VIX is still above 30.
- This is a dangerous sign
- Look to sell on rallies and prefer only trading Intraday.
- Carrying over Positions is quite risky in this environment coz of huge gap openings.
- Nifty might Trade between 16800 to 17100 today.
- Range on Friday was too big
- Expecting an inside candle / consolidation 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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