- US markets ended 2% higher on Friday.
- Asian Markets look Weak Today.
- SGX Nifty is Trading near 9250 as of now.
- No Positive news related to Corona Virus Front.
- Cases in India are at its Highest almost Every day.
- Most Countries have come up with plans to open up their Economy.
- Opening up the Economy sounds good but the issue is what if the Cases start to Multiply after opening up the Economy.
- HDFC Bank has declared it's Results over the Weekend & the results look Mixed.
- Private Banking Index was up 7% on Friday & there was a good amount of short covering in these Stocks.
- Too early to say that we have made a Bottom near 7500 on Nifty.
- Expect Markets to remain Rangebound for some days.
- Markets Seem to be Consolidating in a Range & the best way to trade these Markets is to Trade near the Boundaries.
- There might be a RANGE Expansion is this week but for some days Markets Seem to Consolidate.
- India VIX has Crashed from it's highest peak level of 84 to almost 42 now.
- Fall of 50% in less a Month in India VIX shows Markets have largely Stabilised & the Panic is not as its used to be.
- Infosys is likely to come up with it's results today.
- Nifty might Trade between 9000 to 9330 Today.
- Nifty is facing stiff Resistance near the Zones of 9320-9350 & once this level has breached , we can expect Nifty to go to 9500 Zones.
- Expecting India VIX to fall further & Trade below the levels of 35 April End.
- Option Buyers should consider the Range , the Market Swings & not be Trapped.
- Skilled Traders can make money on both sides in this Ranging Markets whereas UNSKILLED traders will lose Trading on both sides.( Buy & Sell Sides)
- stockmarketadvisory.in
1. U.S Markets closed lower YESTERDAY. 2. All the indices closed lower. 3. Right now , Dow Futures are higher. 4. Asian Markets are all higher. 5. All the Global Markets are Positive right now. 6. Last 3 days , there has been a flash crash in all the Global Markets. 7. There was a Mayhem specially in the Japanese Markets. 8. Japan had hiked the interest rate after 15 long years due to which their currency depreciated and it caused a 20,% fall in Japanese markets. 9. There are warnings of U.S recession post the Jobs data report. 10. Israel - Iran war has been taken escalation. 11. All these news have spooked the Global Markets. 12. U.S VIX jumped 400% in last 4 trading sessions. 13. India VIX jumped 50% Yesterday. 14. Although it doesn't impact us at all , it's the nature of markets to react on news. 15. Right now , Nikkei the Japanese index has opened positive 16. 24000-23850 is a very strong and final support. 17. I expect yesterday's low...
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