1. U.S Markets closed lower on Friday.
2. Asian markets are mixed right now.
3. Right now , Dow futures are lower.
4. U.S VIX is now close to 13.
5. This indicates low Volatility & Stability in the markets.
6. Markets have consolidated on Friday.
7. RBI Policy was as per expectations.
8. There was general expectation that the rate hike won't happen so early.
9. CRR might get cut by 50 basis points.
10. RBI Policy was as per the expectations.
11. India VIX crashed 5% on Friday.
12. This was expected as VIX crashes after the event.
13. Right now markets are in a range.
14. The Nifty range is 24500 to 24850.
15. Next leg of move will come if any of this gets taken out.
16. FII's ain't giving clear signals.
17. Some days they buy and then they sell suddenly.
18. It's confusing to follow FII's.
19. Nifty might trade between 24500 to 24850 today.
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