1. U.S Markets closed higher Yesterday.
2. All the indices closed higher.
3. Asian markets are all higher.
4. U.S Markets and Indian Markets are trading complete opposite now.
5. U.S Markets rising whereas we are falling.
6. U.S VIX is now below 13.
7. U.S VIX is also falling non stop whereas India VIX is rising non-stop.
8. India VIX majorly rising due to RBI news yesteday.
10. Tighter norms for loan lending which has seriously impacted PFC & REC.
11. This is the risk with lending businesses.
12. Recently , all the Small finance banks stocks fell.
13. Now this has also caused PSU index crash Yesterday.
14. Which in a way is good because there was lot of froth building up.
15. 22350 is a crutial support now as on Friday we made a low of 22350.
16. 22600 which is Yesterday high is a resistance.
17. Markets in last 2 trading sessions have opened with large gap ups and all got sold into.
18. Today , we are likely to open flat.
19. Generally , flat openings bring some clear trend.
20. Expecting Consolidation for some time in the range mentioned above for nifty.
21. Bank Nifty range is 48700 to 50k.
22 Nifty might trade between 22350 to 22600 today.
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