- Previous day Nifty spot closed at 11322.5
- Previous day Nifty futures closed at 11348
- Previous day Bank Nifty spot closed at 22227.2
- Previous day Bank Nifty futures closed at 22310
- At 8:00 AM SGX Nifty is down by 1%
- At 8:00 AM Dow futures could not sustain at higher levels, presently 0.23% up
- At 8:00 AM Comex gold had a major fall overnight since March, 2020, presently at 1900
- At 8:00 AM Comex silver too had a major fall, presently trading at 24.18
- Yesterday global market saw a rally after the news of vaccine came from the mouth of Putin
- Commodities, specially metals dragged
- Nasdaq fell the most in US. Though Dow and SPX could not sustain at higher levels
- As mentioned earlier this week is very important, specially Friday
- Expect volatility to rise
- Nifty and Bank Nifty are getting rejected from higher levels
- USDINR still holds our level 74-74.5
Disclaimer:
This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only.
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