1. U.S Markets closed higher on Friday. 2. Asian markets are higher right now. 3. Right now , Dow futures are higher. 4. Due to the FED Event there was heavy Volatility & Uncertainty within all the World Markets. 5. U.S VIX had jumped to 27. 6. Now the VIX is near 18. 7. U.S VIX below 20 indicates stability in the markets. 8. With the VIX below 20 , the Volatility is likely to ease a lot. 9. Nifty has broken critical level of 23800 on Friday. 10. This is the current 200 DMA on Nifty. 11. This indicates markets are weak. 12. Also it indicates that markets are at oversold territory. 13. A bounce is due & we are getting this bounce today. 14. Will the bounce sustain is the key. 15. There would be initial selling as Markets are very weak currently. 16. If we sustain the Friday lows then we might witness recovery & more short covering going ahead. 17. Bank Nifty has fallen more than 3000 points in last 4 days. 18. 50000-50500 is the crutial support range for Bank Nif...