- US markets closed a percent higher Yesterday.
- Asian Markets are Mostly Mixed.
- Yesterday RBI Announced to provide ₹50,000 crore special Liquidity window to support Mutual Funds.
- Financial Sector Outperformed Yesterday on the back of this News.
- SGX Nifty is about 40-50 Points higher now.
- Nifty Traded in 70-80 Point Range Yesterday.
- Traded in Positive Terrain for the whole day Yesterday.
- As I mentioned in Yesterdays Blog im not Expecting the Markets to go much lower from here.
- Markets are Constantly Expanding their range on the upside & the Downside from here seems to be Minimal.
- IndusInd Bank declared it's results after Market hours Yesterday & it was below the Street Expectations.
- We are in a Buy on Dips Market and all the Dips should be bought into.
- The Market will reward your Patience on the higher side.
- Ignore all the Predictors giving you 5000-6000 targets on Nifty. They just sound smart but never make money.
- OPINIONS don't make Money , Actions do.
- Focus on what's going to happen the Next day & trade Accordingly.
- Dont care where the Market goes , as a Trader your job is to make money.
- Bought 9400 CE & sold 9500 CE on Nifty.
- Sold 8900 PE & 9600 CE on Nifty.
- SBI Expiry Trading Strategy:
- Sold 200 CE , 190 CE & 170 PE for SBI.
- Bought 500 shares in Delivery ( for every 1 lot) to cover the Upside risk.
- Will be collecting a Premium of 5rs per lot (3000 shares is the lot size )of SBI if it Expires between ₹165 & ₹195 for April Expiry. (₹15000 profit per lot)
- This is a Zero risk Strategy & if it doesn't work one can exit at Breakeven without any damage to their Capital.
- We are already sitting on ₹1 gain per lot on the above Strategy.
- Traders with low Capital can sell ₹190 or ₹200 Call Option & buy Equivalent shares in Delivery so as to cover 10% downside risk.
- Will be Sharing many More Strategies like this in Future & the one who follow and read my Blogs Daily will surely not miss it.
- All my Trades are of April Expiry
- It was posted on my WhatsApp Status & also on our Official Instagram ID.
- Once Nifty crosses 9400 we can witness 9500-9600 levels on this Expiry itself.
- Intraday Strategy remains simple , keep buying dips ( Don't buy all at once ) buy few Quantities on a good Considerable dip until your Stoploss level & wait for the Markets to reward you on the higher side.
- Crude Oil again trading Negative so Oil stocks should be in focus today.
- IndusInd Bank results might have an impact on Banknifty today if IndusInd Bank does big Moves.
- 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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