- U.S Markets closed slightly lower yesterday.
- Right now Dow futures are higher by 140 points.
- Asian markets are higher.
- SGX nifty is indicating a flat opening.
- Tonight we will be having the Fed monetory policy.
- Majority of the market participants are indicating a 75 basis point hike tonight.
- This is more likely priced into the Market.
- If Fed remains hawkish and provides hawkish commentary then market will continue its downward trend.
- Above picture is of the Hawk bird. They are considered to be angry and ruthless.
- Hawkish commentary means negative commentary.
- I get many queries in personal DM hence I thought to explain it today.
- On the other hand , Dowish commentary means a Bullish Commentary.
- Dow bird is considered to be quite peaceful in nature.
- So which direction Fed chooses today will be interesting to see.
- Tomorrow we have weekly expiry so option sellers are adviced not to carry any positions.
- A peaceful sleep is important than few bucks in my opinion.
- We can recreate the Positions tomorrow morning as soon as we open.
- Another Shocker is the FII short Positions.
- FII short Positions are now at 89% and longs are just 11%.
- This kind of FII positioning was never witnessed in Covid and Lehmann brother collapse as well.
- These are really mind boggling numbers.
- Brace yourselves for a high volatile drama today and overnight drama in U.S Markets
- Nifty might Trade between 16600 to 16900 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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