- U.S Markets closed higher yesterday.
- Right now Dow futures are slightly lower.
- SGX Nifty is almost flat.
- U.S Market is making wild swings on almost daily basis.
- Because of the same we are also having huge Volatility.
- Option buyers can enjoy from Friday to Tuesday.
- Option sellers come into the picture on Wednesday.
- This is how one needs to function in the current Market.
- Yesterday there were reports that second peace talks between Russia & Ukraine were to be held yesterday.
- We currently do not know how much they have been successful.
- Another major development was Fed rate hike in March.
- Because of this ongoing War , commodity prices are expected to rise and shoot up even further.
- This will push Inflation a lot higher than what has been expected.
- Yesterday the Fed chairman gave indications that they are on track to increase the rates in March.
- We have our own worries regarding a giant IPO which is underway.
- Government won't back off with the IPO and they will ensure the same date for IPO no matter what happens.
- So LIC IPO is expected to begin at the time scheduled.
- This will bring in a lot of liquidity issues and constraints in our market.
- 16500 PE & 16800 has highest open interest today.
- Though in such volatime times this can change rapidly but this is what we have as of now.
- FII's have sold for more than 4000 crores yesterday whereas DII's have bought for about 3000 crores.
- Nifty might Trade between 16400 to 16800 today.
- 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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