- US markets closed 2% higher Yesterday and Dow Futures are 1% higher now.
- Asian Markets are Mixed.
- Reason is Moderna Inclusive has announced Special Antibodies Dealing with Corona Virus.
- We are in such Markets that one day some news comes and other day some other.
- SGX Nifty is Trading near 10680.
- Volatility is Back & Markets are highly Volatile now.
- Yesterday Bank Nifty collapsed 3% and Nifty fell 2%.
- Without Hedge it's almost Impossible to trade in such Markets.
- We are in a Bull Market so corrections might not last for a longer time.
- Now the view remains to be Mildly Bearish.
- Nifty is likely to come back to it's range between 10650 to 10900.
- Markets will be Volatile and give you moves on both sides.
- HDFC Bank reported that their Top level Executives have Resigned.
- That Stock is facing some pressure now.
- Wednesdays market remain Volatile and will give moves on both directions.
- Bank Nifty might recover some of its Losses today.
- Nifty might Trade between 10600-10780 today.
- Those who bought Puts Yesterday are Trapped now as it will open lower.
- Those who sold calls won't be in trouble unless Markets give a big Upside move.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. Dow Jones was flat. 3. Nasdaq was the underperformer. 4. Gift Nifty is down 30-40 Points. 5. Asian markets are mostly lower as well. 6. Friday the Nifty opened with a gap down of 200 points. 7. Within the next 10 minutes , Nifty recovered 100 points. 8. Bulls expected recovery is on the cards but Nifty started to Crack. 9. Bank Nifty was holding up Nifty for most of the while. 10. It couldn't be able to provide much of a support and Bank nifty also began to correct. 11. The issue now is market has had vertical rallies. 12. One way quick rallies so now the downfall will also be vertical. 13. When markets go up quick , they come down quicker. 14. Infy dragged the mood and also HUL didn't post extraordinary results so it was also a laggard. 15. Banks tried hard to hold the markets but couldn't. 16. Over the weekend , AU Bank and icici bank reported very good numbers. 17. These banks have already rallied a lot before results
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