- U.S Markets closed lower on Friday.
- Asian markets are mostly lower.
- Dow futures are slightly higher right now.
- It was a Quadruple witching day in U.S
- This is the day where the Stock futures , Index futures , Option Contracts etc expire on the same day.
- This happens for 4 times in an Year.
- On this day markets are extremely volatile.
- Markets have now turned Bearish.
- There has been some news going on regarding Russia - Ukraine war as well.
- Missile explosions have aggrevated as well.
- Insiders knew about this news on Thursday itself.
- They started to sell.
- We came to know about this on Friday afternoon.
- Markets have closed at the lowest point of the day on Friday.
- Also it was the lowest point of December month.
- This indicates the trend has turned bearish.
- 18200 is the immediate support for now.
- Once 18200 is taken out the next support is at 18000 only.
- Nifty might trade between 18120 to 18420 today.
- A bigger range for the day as Markets have turned Volatile.
- 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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