- U.S Markets closed lower yesterday.
- Right now , Dow Futures are lower.
- SGX Nifty is down 100-150 points
- 100-150 point gap up / gap down has become a normal routine now
- Markets now have become highly volatile.
- Yesterday as I predicted the range from 16950 to 17250 held throughout the day.
- In between this range , market kept swinging violently.
- U.S VIX shot up above 34 Yesterday.
- U.S Markets have now broken Russia Ukraine war lows decisively.
- This has become a sell on rally market now.
- All the rallies are being sold into vigorously.
- Currency problem is further accentuating the fall.
- Since November 2021 , markets haven't gone anywhere.
- Infact as of now they have become negative for the year.
- Only positive for our markets are we are outperforming the Global markets.
- We are very very far away from War lows.
- Which gives me fear that we might fall heavily when selling begins.
- 16800 to 17000 is the range now.
- Once 16800 gets taken out there would be heavy selling and 16500 will open up.
- Nifty might Trade between 16700 to 17000 today.
- stockmarketadvisory.in
1.U.S Markets closed higher Yesterday 2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically. 9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country. 20. Com
Comments