1. U.S Markets closed lower yesterday.
2. Right now , U.S Futures are higher.
4. U.S VIX closed above 21 Yesterday.
5. Gift Nifty is up 70-80 Points.
6. Asian markets are all higher.
7. Yesterday was one of the worst expiry of recent times.
8. Nifty closed at the lowest level of past 6 months.
9. 19000 was a very very critical level for Nifty.
10. Yesterday , 19000 got broken quite easily.
11. As soon as 19000 got broken , there was a free fall in the markets.
12. Nifty finally took support near the levels of 18850 yesterday.
13. FII's sold a Bullion dollars yesterday.
14. 7700 crores was the FII selling number yesterday.
15. This is some insane selling by the FII's.
16. DII's bought for 6600 crores yesterday.
17. If the DII's wouldn't have stepped in , we would've been much lower by now.
18. This Crash provides an Excellent opportunity for the long term investors to buy good Quality stocks at reasonable valuations.
19. This is a correction within a Bull market.
20. These sorts of corrections are fast and furious
21. There will be some minor rallies / pullbacks in between which may make you feel like the selling in over.
22. Do not get carried away by the same.
23. I will turn Bullish only when 19200 is crossed significantly
24. Nifty might trade between 18750 to 19050 today.