- U.S Markets closed lower yesterday.
- Asian markets are mostly lower.
- Dow futures are slightly higher right now.
- SGX Nifty is trading flat.
- Yesterday was a flat session
- Nifty was trading close to 18600 for most of the day.
- It was almost a consolidation throughout the day.
- Throughout the day nifty was trading in just 50 point range.
- Nifty has now found multiple supports near 18600
- 18600 should be a good support for now.
- There are many events and also RBI policy in store.
- So due to Volatility markets might hunt stoploss.
- Traders need to keep in mind the Volatility and Gamma effect.
- It's advised to go in with low volumes at first.
- Not to go with heavy volumes at first.
- 18600 to 18900 is the range for now.
- Markets might consolidate within this range
- Bigger trade would emerge only if either of these levels gets taken out.
- Nifty might trade between 18550 to 18800 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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