- 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
U.S Markets closed higher yesterday. Asian markets are higher. SGX nifty is up 150 points. Yesterday was a very tricky and unexpected session. As soon as Market opened there was a continuous selling. Market was falling left , right and center without taking any support. I was wondering why is the Market going against the global cues Then we got the news about RBI Governer press conference. So some informed people already knew about this rate hike. Hence there was a sudden selling in the markets. RBI hiked repo rate by 40 basis points and Cash Reverse ratio by 50 basis points. Repo rate is the rate at which banks borrow money from RBI. When the rate is increased banks borrow money at higher cost and in turn loans also get costlier. This slows down the growth and liquidity in the Market temporarily. Cash reserve ratio is the interest free deposit money which banks have to keep with RBI. RBI uses that money without having to pay any interest on it. Increasing CRR means RBI is
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