- U.S Markets crashed yesterday.
- Right now Dow futures are higher.
- Asian markets are higher.
- SGX nifty is indicating a gap up opening.
- Yesterday was one of the brutal fall in our Market.
- Market opened with a good gap up but then selling started.
- The selling was so severe that we broke the swing low of 16650 and after 1 pm it was out of control.
- Weekly expiry contributed to the issue downside.
- Markets are very weak and any slightly bad news markets ate getting hammered.
- The burning question is what next from here?
- I do not think we have made a bottom just yet and there's more to come.
- Trends don't change so quickly and easily
- There will be pullbacks in between but the markets are expected to remain weak
- Long term investors should review their portfolio and see if their companies are performing well.
- All the Junk stocks bought during Bull Market will go to single digits in coming days.
- Quality stocks will recover much more faster.
- The best thing to do right now is to trade with very little volumes.
- Last 5 trading sessions Nifty has fallen 1200 points.
- Investors have lost 16 trillion in last 5 days.
- Investors should go on a holiday as there's nothing to do right now
- Nifty might Trade between 15200 to 15500 today.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20. stockmarketadvisory.in
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