Rate cut in September? (19th Aug 24)

1. U.S Markets closed higher on Friday.

2. All the indices closed higher.

3. Dow futures are trading higher right now.

4. U.S VIX is now below 15.

5. This is a very good sign

6. This indicates stable markets and lower Volatility.

7. Gift Nifty is up more than 120 points.

8. We are about to open with a big gap up today.

9. Friday was a Volatile trading day.

10. Nifty opened 300+ Points higher exactly near 24400.

11. Then it started to sell off and came towards 24200.

12. There was a recovery then and Nifty crossed 24400.

13. Once Nifty crossed 24400, there was no looking back then.

14. There was a big short covering rally.

15. Nifty then closed at the highest point of the day.

16. August month has been largely Volatile.

17. Now 24400 is a very important support level.

18. 23900 is a bottom for short term.

19. Nifty might trade between 24500 to 24800 today.

20. 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...

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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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