- 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. 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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