1. U.S Markets closed mixed yesterday.
2. Right now Dow futures are flat.
3. Asian markets are mostly higher.
4. U.S VIX jumped higher and now close to 20.
5. Gift Nifty is indicating a gap down of 80 points.
6. Markets have been opening with gap down since quite some time now.
7. Yesterday we closed exactly near 25250.
8. Nifty all time high is close to 26250
9. This is exactly a 1000 point reversal in Nifty in just a week.
10. This is a very healthy correction indeed and this was more to do with valuations that with Geo political tension
11. Markets need a reason to go down and this was the reason for now.
12. Markets are likely to take support near the current levels.
13. If they don't stabilize here then the next level is 25100-25000.
14. We might see those levels in we don't stabilize here.
15. U.S VIX above 20 is not a good sign.
16. Nifty might trade between 25000 to 25400 today.
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