- U.S Markets closed lower yesterday.
- Asian markets are mostly lower.
- Dow futures are slightly higher right now.
- SGX Nifty is down 50 Points.
- Yesterday it was a surprise.
- As soon as Markets opened it started to go lower.
- Markets stabilized in between but ultimately it kept moving lower.
- Nifty after coming close to 18500 spent lots of time near that zone.
- It tried to recover and settle.
- Global markets turned negative meanwhile.
- Dow futures kept crashing down.
- Also it was expiry so due to expiry related issues things aggrevate.
- 18500 PE had the highest open interest and as soon as this was taken out there was a one way fall.
- Generally the reaction of the event is given on the day of the event by the markets.
- Here it's not the case.
- U.S Markets have reacted to the Fed event yesterday.
- Still I feel yesterday it was some over reaction by our Markets.
- We should settle down and start to go higher.
- India VIX moved higher by 7% yesterday.
- Nifty might trade between 18300 to 18600 today.
- stockmarketadvisory.in
1.U.S Markets closed higher Yesterday 2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically. 9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country...
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