Markets all over the place (28th March 2023)

1. U.S Markets closed higher yesterday.

2. Right now , U.S Futures are trading higher.

3. SGX Nifty is indicating a large gap up of 50+ Points.

4. Asian Markets are mostly higher.

5. Yesterday the markets moved all over the place.

6. Markets yesterday were trading within a range but were highly Volatile.

7. They were trading within a 100 point range max for the day

8. Within that range markets made many 100 point swings.

9. Bank Nifty was also within a range yesterday.

10. So now the Markets are in a consolidation phase.

11. Tomorrow we will be having the monthly expiry.

12. Thursday is a Public holiday on account of Ram Navmi.

13. Midcap stocks are under huge selling pressure.

14. Yesterday Nifty closed flat.

15. The thing which doesn't grab eyeballs in the advance - decline ratio.

16. There were just 400 advances yesterday and 1600 declining stocks.

17. That means for every 1 stock higher 4 stocks lower.

18. Mid & small cap stocks are facing the brunt.

19. Markets are very weak right now.

20. 16800 to 17200 is the range for nifty.

21. Buy near lower end of the range with a strict stop and sell near upper end of the range with a tight stop.

22. That's the best way to trade ranging markets.

23. Nifty might trade between 16850 to 17150 today.

24. stockmarketadvisory.in

Comments

BJP Falls short of Majority (5th June 2024)

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...

Global Shock !! (6th August 24)

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...

Global Markets Mayhem !! (5th Aug 24)

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

All you Need to know about Stock Markets

Search This Blog