Nifty at all time High !! (24th May 2024)

1. U.S Markets crashed Yesterday.

2. U.S Markets closed a percent lower.

3. Fed minutes indicated that rate cuts would take some time.

4. This is one of the reason for market collapse.

5. Yesterday there was breath taking really in Nifty

6. Nifty closed yesterday at an all time high.

7. Frankly, didn't expect this to happen so quickly..

8. Yesterday's rally was breath taking.

9. It was a non-stop rally.

10. Nifty almost closed near 23k.

11. India VIX was flat yesterday.

12. U.S VIX climbed yesterday.

13. Expect a significant drop in India VIX post elections.

14. VIX might drop from here on too going into the Elections.

15. Bank Nifty joined the party yesterday.

16. Bank Nifty was up almost 1000 points yesterday.

17. Infact , Bank Nifty supported nifty to scale higher.

18. It's a buy on Dip Bullish market

19. Nifty might trade between 22850 to 23200

20. stockmarketadvisory.in

Comments

BJP Falls short of Majority (5th June 2024)

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Global Shock !! (6th August 24)

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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

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