1. U.S Markets crashed Yesterday.
2. Right now , Dow Futures are flat.
3. Asian markets are lower.
4. Gift Nifty is indicating a gap down of 100 points.
5. U.S VIX jumped 14% Yesterday.
6. Yesterday the U.S Markets were higher in the first half.
7. During the 2nd half Crude oil stated to go up due to Supply cuts amid Israel - Iran tensions.
8. This spooked world markets all over.
9. All the Global Markets have been rallying too fast too quick.
10. There have been Valuation concerns all over.
11. Markets need a reason to correct and this could be the one.
12. I still do not expect our Markets to act violently.
13. We also do not know what might happen over the weekend , so our Markets might close fragile.
14. Hdfc bank has come up with results and they were excellent.
15. Street was in uncertainty on whether HDFC Bank could deliver same performance Quarter on Quarter.
16. Hdfc Bank obliged.
17. Hdfc bank ADR was up 6% Yesterday, this stock could hold the markets today.
18. I do not see Nifty going below 22200.
19. Dips would be a buying opportunity.
20. Nifty might trade between 22300 to 22600 today.
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