- U.S Markets closed higher Yesterday.
- During Market hours Dow futures were lower.
- Yesterday Nasdaq outperformed all the major indexes after so long
- Asian markets are mixed.
- SGX Nifty is indicating a big gap up of 250 points.
- Yesterday exactly near 200 DMA we witnessed a severe selling.
- Nifty crashed 300 points from day high and Bank Nifty crashed 1000 points.
- This is a reversing Market and the reversals can be quite strong.
- India VIX shot up to 27 yesterday.
- Yesterday U.S VIX crashed 6% and closed below 30 which is a good sign.
- Russia - Ukraine talks don't seem to have any good outcome
- No solution is being found yet on that front.
- War doesn't seem to be ending anytime soon.
- Today as well we could find some sort of selling pressure near 17k.
- One can sell this gap up with a stoploss of 17000 on Nifty.
- We have fed event today and I feel it's already factored in
- So it's likely to be a Non - Event.
- Crude Oil slips below 95$ / barrel.
- This is a very positive development for india.
- China has detected fresh round of Covid cases.
- Because of this they have been imposing further lockdowns
- This has led to a fall in crude oil prices which is indirectly benefitting India.
- Nifty might Trade between 16600 to 17000 today.
- stockmarketadvisory.in
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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