- US markets opened Negative but closed at highest point of the day.
- U.S Futures right now are slightly Negative.
- SGX Nifty is around 13450.
- European Futures down by 3%.
- Until yesterday afternoon, European futures were down only 1%.
- After their markets open, they fell 3%.
- Yesterday was one of the worst Intraday crash in our Markets.
- Markets fell so fast with many people who couldn't take any sort of action.
- Yesterday india VIX went up by 25%.
- Option Premiums are still very attractive.
- FII's for the first time were Net sellers Yesterday.
- Whether they keep selling or this was a one off selling?
- Time will only say.
- I've warned previously to be cautious and start booking profits specially for Investors.
- One day could take away your monthly returns.
- No range , no support will work now.
- Just focus on price action.
- Now we are in a sell on rally mode until we defend any major support level.
- Yesterday's fall was due to fresh Mutant Corona Virus cases detected in Europe.
- These cases are 70% more dangerous than Regular Corona Virus cases.
- Nifty might Trade between 13150 to 13500 today.
- Big range due to Unexpected Volatility.
- 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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