- U.S Markets closed lower on Friday.
- Right now Dow futures are down by more than a percent.
- Asian Markets are all trading negative.
- SGX Nifty is at 15800.
- Russia - Ukraine fears are not easing yet.
- It's 12th day of the War and still we do not have any chance of compromise nor settling down.
- This uncertainty creates panic selling amongst the crowd.
- That's what is happening right now.
- I won't be surprised to see Nifty below 15k by March end.
- March would be the worst month for stock market.
- We have exit poll results as well.
- Positive exit poll results would make Market stable.
- Negative results would inch market lower
- VIX above 30 is a big problem.
- VIX went above 30 on 2 occasions.
- Corona Virus and Lehmann brother collapse time .
- As soon as it went above 30 it shot up to 84-86.
- Markets made lower circuits and then bottomed out.
- Right now the possibility of it happening exists.
- If you are a skilled trader you can benefit through this Volatility.
- If not better to stay out on cash.
- Sometimes , cash is king.
- Gold at 19 month high right now.
- People use it as a hedge against uncertainty.
- Right now Gold is shooting means when Economy is in problem Gold prices shoot higher.
- Not giving any range because that's not possible in this Market.
- Unless we cross 200 DMA I(right now at 16900) im bearish on this Market.
- 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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