As recomended in our blog yesterday, NIFTY achieved all targets suggested by us.
As japan was hit by a strong earthquake and Tsunami, its impact was clearly seen on NIKKEI. It tanked 6.18%. The shock of this event was also felt in EMs as most of the world markets were trading with negative bias but we managed to close in green above 5520.
At this level it is advisable to trade with utmost caution as markets are prone to react heavily on any negative news. Those who have purchased yesterday are advised to book some profits and close their trade.
Also EUROPE markets were trading with negative bias and closed in a negative territory.
US Markets also closed on a negative side. So we can expect some high volatility in the market.
Therefore trade cautiously..........HAPPY Trading......!!!!
As japan was hit by a strong earthquake and Tsunami, its impact was clearly seen on NIKKEI. It tanked 6.18%. The shock of this event was also felt in EMs as most of the world markets were trading with negative bias but we managed to close in green above 5520.
At this level it is advisable to trade with utmost caution as markets are prone to react heavily on any negative news. Those who have purchased yesterday are advised to book some profits and close their trade.
Also EUROPE markets were trading with negative bias and closed in a negative territory.
US Markets also closed on a negative side. So we can expect some high volatility in the market.
Therefore trade cautiously..........HAPPY Trading......!!!!
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