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NIFTY is having strong 5 support levels as follows.
Why NIFTY falls on friday (3.1.2020) ? What is happening ?
Why NIFTY falls on friday (3.1.2020) ? What is happening ?
Soleimani, the architect of Tehran’s overseas clandestine and military operations as head of the Revolutionary Guards’ Quds Force, was killed on Friday in a U.S. drone strike on his convoy at Baghdad airport
While many Iranians have rallied in recent days to show grief over the death of Soleimani, regarded as the country’s second most powerful figure after Supreme Leader Ayatollah Ali Khamenei, others worry his death might push the country to war with a superpower.
U.S. President Donald Trump on Saturday threatened to hit 52 Iranian sites “very hard” if Iran attacks Americans or U.S. assets
Senator Elizabeth Warren responded to a tweet from President Trump in which he stated the United States has 52 Iranian sites targeted should Iran strike "any Americans, or American assets," saying that Mr. Trump was "threatening to commit war crimes."
"You are threatening to commit war crimes," Warren said in a tweet with a screenshot of Mr. Trump's tweet embedded. "We are not at war with Iran. The American people do not want a war with Iran. This is a democracy. You do not get to start a war with Iran, and your threats put our troops and diplomats at greater risk. Stop."
The tweet from Mr. Trump noted that the targeted sites are "at a very high level & important to Iran & the Iranian culture."
Iranian President Hassan Rouhani said Saturday the United States committed a "grave mistake" in killing Iranian commander Qasem Soleimani and US President Donald Trump responded on Twitter, writing that if Tehran attacks American assets, the US will strike "very hard and very fast."
The US has a list of 52 Iranian targets, Trump tweeted. The number was chosen to match the number of hostages taken in the 1979 takeover of the US Embassy, he said.
Rouhani said earlier Americans would face consequences for killing Soleimani "not only today, but also in the coming years."
Iran says it will fight back
Rockets hit parts of Baghdad on Saturday, including the parade grounds in Baghdad's fortified Green Zone and the Al-Jadriya area just south of the Green Zone, injuring no one, the Iraqi army said. The Green Zone contains Parliament, ministries and foreign embassies.
Rockets targeted Balad Air Base, which houses US and Iraqi forces and contractors, the Iraqi army said. No injuries were reported.
Separately, an Iraqi civilian contractor there told CNN that four rockets landed outside the base's southern gate
It wasn't immediately clear who fired the rockets. It's not uncommon for rockets to be fired at US positions in Iraq.
During Rouhani's visit with Soleimani's family Saturday, Soleimani's daughter asked him: "Who will take revenge for my father?"
"Everyone will take revenge," he replied, in video aired by Iranian state television.
In a letter to the United Nations, Iran described the attack as state terrorism and an unlawful criminal act. European officials and the UN have called for de-escalation.
A war will create more fear across the globe which can leads to lot of free fall in market . Stay safe ahead
Source : Cnn, Reuters and more...