- U.S Markets closed higher yesterday.
- Asian markets are mostly higher.
- Dow futures are slightly higher right now.
- SGX Nifty is up 100 Points.
- Yesterday it was a volatile trading session in U.S Market.
- Yesterday was the most important Inflation numbers to be announced in U.S
- Expected Inflation was 7.3% but it actually came at 7.1%.
- As Inflation numbers came at lower than expectation this triggered a huge rally.
- Dow was up 800 Points at one point of time.
- Nasdaq was up 4%.
- During the day all these indices turned negative.
- Just to close higher slightly.
- It was a intense volatile trading day yesterday.
- Maybe market participants are waiting for Fed comments today
- This is why they must have been cautious yesterday.
- Today all the eyes would be on Fed decision.
- Bank Nifty is heading towards 45k.
- Banking stocks are leading the rally.
- Nifty might trade between 18580 to 18820 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
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