- U.S Markets closed lower Yesterday.
- Right now Dow futures are higher.
- SGX Nifty is up 100 points.
- Almost everyday since last 7-8 trading sessions we are opening with a gap up.
- We open with a gap up , consolidate throughout the day
- Last 1 hour market almost closes at the highest point of the day.
- This has been the ongoing trend.
- India VIX is now below 16 decisively.
- Today there's every Possibility it could slide below 15.
- India VIX below 15 indicates Bull Market.
- Yesterday as well there was no Intraday Volatility throughout the day.
- Markets were trading with a Positive bias throughout.
- Bank Nifty is underperforming Nifty.
- Yesterday was the day of HDFC twins.
- Yesterday seemed as if FII's have covered their aggressive shorts.
- Both the counters were outperformers in large cap space yesterday.
- FII's net buy for 4000 crores yesterday.
- This is the highest net buying figure of FII's in the year 2022.
- When FII's turn buyers they continue to buy and buy.
- They keep pumping in huge funds without bothering which level the markets are trading.
- FII's are Momentum traders whereas are value hunters.
- DII's would look to book profits at highs to allow FII's to buy more.
- If FII's stay net buyers for today as well it will be confirmed that Yesterday's buying was not a one day event.
- All time high is in sight soon.
- Nifty might Trade between 17950 to 18250 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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