Photo Courtesy: news18.com/business
Morning Market updates
One of huge crash which market has seen since covid.. Followed by decent recovery… To end the day above 22150 levels…
A “Post Trauma” Recovery rally is likely today. A opening above 22500-600 levels are likely
A strong bottom support for Nifty lies at 22000-21800 levels… Anybreak down below 21700-21900 levels can break markets to below 21400 levels.
India’s VIX level shot up by 65% to cross 22% showing extreme fear in market.
US markets did close low, but Asian markets showed green all over in morning.
LPG prices were hiked by Rs 50 per cylinder to Rs 853.
Gold/Silver
Gold dropped further to trade below 90000 levels at 89900 levels, due to heavy profit booking and Silver stayed stable at 94000 levels
Well, a recovery rally is expected in morning today, and let’s wait n c if any selling happens!!… Keep an eye on same.
Those who did some shopping in morning yesterday would have earned 4-5% definitely.
Happy Investing!!
Disclaimer: All investments are subject to market risks. Please check the fundamentals and other stock market parameters carefully in detail before investing. Also, it is always good to consult a qualified financial advisor for stock market investments. Opinions and Recommendations above are Authors’ personal, you are should carry out your own checks & balances and due diligence before investment.
