All you Need to know about Stock Markets

1. U.S Markets closed higher yesterday.  2. Right now , U.S Futures are slightly higher. 3. SGX Nifty is up 20-30 Points. 4. Asian markets are mostly mixed.  5. Yesterday Nifty did retest the previous low of 16850. 6. Intact nifty broke 16850 and went another 20-30 Points lower. 7. During the end of the day there was a short covering rally witnessed. 8. Global markets are in turmoil.  9. Last 2 days markets have shown very good resilience.  10. U.S VIX has collapsed 10% in last 2 trading sessions. 11. With all major indices closing at the highest point of the day. 12. It seems like a short term bottom has been made for now. 13. 16850 is the short term bottom for now. 14. This is just a reversal /pullback rally. 15. This aint a trend reversal rally. 16. Trends don't change so easily & quickly. 17. This pullback could extend upto 17200-17250. 18. We have monthly expiry approaching as well. 19. There are 5-6 trading sessions left now for monthly expiry. 20. Last week i

1. U.S Markets closed higher yesterday.  2. Right now , U.S Futures are slightly higher. 3. SGX Nifty is up 80-100 Points. 4. Asian markets are mostly higher. 5. Yesterday Nifty did retest the previous low of 16850. 6. Intact nifty broke 16850 and went another 20-30 Points lower. 7. During the end of the day there was a short covering rally witnessed. 8. Global markets are in turmoil.  9. This is the reason FII's are selling heavily. 10. They have sold for more than 12000 crores since SVB news is out. 11. These are monstrous selling numbers. 12. All the major large cap stocks also look weak. 13. If the market has to recover, this is the  level  14 . Nifty at major support level of 16850. 15. Reliance near major support level of 2200. 16. Reliance for the last 1.5 years has been hovering between 2200 and 2800. 17. A pullback rally is due and this is the place from where we could have one if we should. 18. If 16850 is taken out and we close lower then we could witness muc

1. U.S Markets closed lower on Friday. 2. Right now , U.S Futures are slightly higher. 3. SGX Nifty is down 100-120 Points. 4. Asian markets are mostly lower. 5. This one day up next day down move continues in U.S Markets. 6. There's lot of confusion and uncertainty now. 7. Specially after SVB Bank collapse. 8. FED is also in confusion whether to hike rates or to lower rates. 9. There hasn't been any statement from FED as well. 10. Rumours have been floating around that some of these banks have gone to Warren Buffett seeking help. 11. Buffett is the only Man having 100 Bullion $ and more worth of cash  12. He has been sitting on cash since 4 years plus now. 13. It's been shown in the history that he always invests during crisis. 14. Now there's a crisis so he would like to find bargain bets. 15. If WarreN buffett infuses capital then people would get back their trust in the system. 16. Our Markets are now in a narrow range. 17. 16850 to 17250 is the range fo

1. U.S Markets closed higher yesterday.  2. Right now , U.S Futures are slightly higher. 3. SGX Nifty is up 100-120 Points. 4. Asian markets are mostly higher. 5. Yesterday , Nifty broke 17k and went close 16850. 6. After hitting a low close to 16850 , markets recovered and went above 17k. 7. Also , Nifty couldn't sustain above 17k and finally closed below 17k. 8. Such was the huge Volatility yesterday.  9. Today we are likely to open gap up of 100 points. 10. We have made a short term bottom yesterday. 11. It will be confirmed only when Nifty retest the support and bounces back from there. 12. Yesterday U.S VIX Crashed by 10%. 13. Each and every day U.S Markets are making a larger move now. 14. Everyday there's a move of almost more than a percent. 15. This Volatility would continue until this Banking crisis issue is solved. 16. Also until the FED Stops to raise interest rates. 17. As of now this is just a pullback rally and not a trend reversal. 18. Bear markets a

1. U.S Markets closed lower yesterday.  2. Right now , U.S Futures are higher. 3. SGX Nifty is Flat. 4. Asian markets are mixed. 5. Yesterday Nifty tried to retest 17300. 6. There was a rejection from this level and Nifty broke 17k. 7. Exactly as we has hinted in the blog yesterday. 8. U.S Markets when I slept yesterday were down 700 points. 9. Today Morning I saw there was a sharp recovery from the lows and they have closed just 270 points lower. 10. This recovery from the lows cannot be termed as bottom yet. 11. Trends don't change so easily and bottoms take time to be made. 12. 16800 is the next major support now. 13. All he'll would break loose once markets break 16800. 14. We might consolidate now for a few trading sessions. 15. Before there's a bigger move in the markets. 16. 17000 is the first support and next major support at 16800. 17. U.S VIX has crossed 25 now. 18. India VIX is close to 17 now. 19. The Volatility which we are having now it seems like

1. U.S Markets closed higher yesterday.  2. Right now , U.S Futures are lower. 3. SGX Nifty is up 80-100 points. 4. Asian markets are mixed. 5. There has been 4 days of relentless selling in our Markets  6. The reason doesn't seem to be Banking collapse in United States. 7. U.S Markets have settled after a knee- jerk reaction. 8. Our Markets haven't settled yet. 9. This isn't a selling like the previous ones. 10. Previously FII's used to target few nifty stocks  11. Used to sell them and create panic. 12. This selling is now an all around selling. 13. Broader Markets have been bleeding extensively. 14. There is pain all around. 15. Now 17300 becomes a very important resistance. 16. Nifty might retest 17300 and then break 17k. 17. Markets won't collapse in a hiff.  18. There would be intermittent rallies in between to take weak shorts out. 19. FII's have now been selling aggressively.  20. Nifty might trade between 17000 to 17300 today. 21. stockmarke