What happened overnight?
DJIA - 2.25% 🔻
NASDAQ - 3.23% 🔻
EUROPEAN MARKET - 🔻
ASIAN MARKET - 🔻
SGX - 0.35% 🔻
CRUDE - 0.35% 🔻
US10Y - 🟢
DXY - 🟢
INIDA VIX - 🟢
Overall sentiments are negative, thanks to heavy selling in US Markets. Indian Markets yesterday witnessed heavy selling as well. Weekly Expiry was trending after so many days and Option Buyers maxe full use of it. Indices not only broke the important supports but also closed below them. Expecting this selling to continue today as well. Where can a buyer buy? Refer to these levels...👇
Important levels:
S : 18400/18350
R : 18450/18500
Best Buy Level: 18150-18050 if it comes there...
S : 43400/43250
R : 43500/43650
Best Buy Level: 42200-41800 if it comes there...
Sectors I am interested in:
✓PHARMA
✓PSE
✓INFRA
Stocks in watchlist:
Note: Let this Friday pass and see the Weekly Closing. Let's see if witness the follow-up Buying or Selling. Personally for me, buying levels are nearing. Rest depends on Market Supreme.
Wishing you a profitable day ahead.