- US markets Flat Yesterday.
- Asian Markets are also flat.
- Markets all over the world are showing signs of Consolidation.
- Yesterday was expiry and our markets were mostly Flat.
- We witnessed severe correction in first half and expected that this could turn out much worse.
- Bears tried their best to break 13400 Yesterday but couldn't succeed.
- Finally we witnessed big short covering in last hour.
- SGX Nifty is Trading near 13520 now.
- This is now a market which will reward those who buy on dip patiently.
- Entering on gap ups us a very risky trade as this Market is already at highs.
- Also an Interesting thing noticed Yesterday was sector rotation.
- Sector rotation has been happening and money has been shifting to FMCG stocks.
- FMCG stocks have not performed in this rally but when bear market comes there stocks start performing.
- It's time to be very selective and careful now while choosing Equities.
- Markets look like there is some steam left now on the upside.
- But it will be a slow and steady game.
- Pace at which we will witness the same will be lowered now.
- Consolidation with a slightly Bullish bias is the Expectation.
- 13400 & 13500 is the range.
- Near 13400 it's a good level to enter into.
- Until then it's better to trade Individual stocks and avoid buying Nifty at higher levels and getting trapped.
- Nifty might Trade between 13380-13540 today.
- stockmarketadvisory.in
- Question of the day by MR. Harish
- Who are FII & DII and how do they impact the Market.
- FII's are Foreign Institutional Investors. There are foreign investors who invest in our Markets. These are the people having huge funds that's why keeping a track of their activities is important to get an idea about markets.
- DII's are Domestic Institutional Investors. These are local people who trade in Indian Markets who manage or have big amounts of money.
- DII money + Retail Money = FII's Money.
1. U.S Markets closed lower YESTERDAY. 2. All the indices closed lower. 3. Right now , Dow Futures are higher. 4. Asian Markets are all higher. 5. All the Global Markets are Positive right now. 6. Last 3 days , there has been a flash crash in all the Global Markets. 7. There was a Mayhem specially in the Japanese Markets. 8. Japan had hiked the interest rate after 15 long years due to which their currency depreciated and it caused a 20,% fall in Japanese markets. 9. There are warnings of U.S recession post the Jobs data report. 10. Israel - Iran war has been taken escalation. 11. All these news have spooked the Global Markets. 12. U.S VIX jumped 400% in last 4 trading sessions. 13. India VIX jumped 50% Yesterday. 14. Although it doesn't impact us at all , it's the nature of markets to react on news. 15. Right now , Nikkei the Japanese index has opened positive 16. 24000-23850 is a very strong and final support. 17. I expect yesterday's low...
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