- U.S Markets closed higher yesterday.
- Asian markets are higher.
- SGX Nifty is higher 80-100 points.
- Markets are now firing on all cylinders.
- Yesterday last 30 minutes nifty scaled higher by 100 points.
- I mentioned yesterday that big move would come if 18700 is taken out.
- Once 18700 got breached , there was a huge rally.
- Markets looking excessively bullish right now.
- We do not know where will this momentum stop.
- Until then we just have to ride the trend.
- Keep trailing the stoploss and keep riding the trend.
- That's the way to go from here
- We have weekly expiry today and expirys generally can be volatile.
- Particularly after 2 pm Volatility is likely to increase.
- So it's better to close positions by 2 pm.
- The only worry I have is Gujarat state elections.
- Markets are going into the elections with huge optimism.
- Thats the only worry as of now as any disappointment could cause a big crash.
- Nifty might trade between 18600 to 18900 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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