- US markets closed Mixed on Friday.
- But Asian are Trading Positive.
- SGX Nifty is up 50 points and trading near 11500.
- SEBI Regulations have forced Mutual Funds to allocate Sufficient Percentages equally to Midcaps and Small Caps stocks.
- Large Cap funds need to funds 25% in Mid and Small Caps.
- The time given to shift according to this method is by 1st January 2021.
- Will there be a sell off in large cap stocks due to this Regulation?
- Today we need to watch out the same.
- FIIs continue to buy in Cash Market.
- DIIs continue to sell.
- They have sold for more than Rs 700 crores.
- This Market is trading nowhere since last Month.
- Going up , going down but coming back to its mean level of 11500.
- But Markets have been Very Volatile within this period.
- The next big event for the Market is U.S Presidential Election.
- It's impact will be started to seen within a Month.
- Guess that Markets are waiting for clarity to unfold.
- Reliance won't let Nifty fall a lot.
- So Nifty trend is Bullish.
- Bank Nifty on the other hand is Struggling but anything is possible in Bank Nifty.
- It can turn around in Minutes.
- Market will give proper levels for both buyers and sellers to Trade into.
- Just pick one side of the trade and go with it.
- Nifty might Trade between 11380-11560 today.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20. stockmarketadvisory.in
Comments