- U.S Markets closed lower yesterday.
- Right now Dow futures are slightly higher.
- SGX Nifty is down 200+ points.
- This Russia - Ukraine seems to be prolong.
- Until this goes on , Market won't settle.
- Uncertainty would creep Market towards downside.
- Reports have been suggesting that we are going to have 2nd peace talk today.
- This will be going on starting from today.
- Slowly slowly all the countries are joining Ukraine and Russia seems to be left alone.
- This is a repeat situation of a break up actually.
- During break up , Girls have 10 other more girls with her to calm her down to make her realise life has to go on , you deserve better etc.
- In the Case of boys , friends just say Girl has been saved🤪.
- Now exactly the Boy (Russia) is standing alone without any support and this could impact Putin's mind and he could go for some frenzy options.
- Second option is he obeys to other countries has peace talks and ends the matter.
- If there is nuclear war then Market will collapse at least 10% from here on.
- I still feel day before yesterday's low of 16400-16350 is a good support for today as well.
- Amidst this huge Volatility one could prefer a buy trade near these levels with 50-80 points stoploss.
- I expect Volatility to increase even more today.
- Option premiums are crazily priced.
- Even far away puts are having lofty premiums.
- Nifty might Trade between 16200 to 17000 in next 2 days.
- No use of predicting day range in this 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
Comments