- US markets closed 2% Negative Yesterday and fell for the Second Straight Day.
- Asian Markets are Trading Negative.
- SGX Nifty indicating a Weak Start & Trading near 9200.
- Fed Chairman Mr. Jerome Powell commented Negative about the Economy.
- Trump pushed for Negative Interest Rates but Fed Chairman Denied it to be Implemented currently.
- 20 lakh Crore STIMULUS Package Gains wiped off in less than 24 hours of Announcement.
- Markets do not seems to be happy with details of Economic package details by FM.
- Personally , im not impressed with the Substance of the Package. It's good for some Sectors but there is no direct benefit.
- Total Package Details should be Announced on a Single day itself.
- No Point of Holding Press Conference for 5 consecutive days and giving out details each and everyday when there is not much substance in that.
- FIIs were net Sellers in the Cash Market Yesterday & it seems they were also not Impressed with the Package Announcement & Susbtance.
- Ex : TDS ( Tax Deduction at Source )rates have been slashed in this package which would ensure 50,000 Crores of Liquidity in the System. Sounds Good but this is not a part of Economic Package at All. None is benefitted in any direct way.
- It's like giving from one hand and taking from another.
- Figure looks big of 20 lakh crore but material in it is not upto the Mark.
- Yesterday Markets opened by a Big Gap up near 9650 but Couldn't Sustain and immediately entered back into it's previous range.
- May Month has been a severe Consolidatiom Month.
- Markets are rigid to come out of 9000 to 9500 Zones and I expect this to continue for some more time now.
- Yesterday the Markets were so Optimistic about the Press Conference that Premiums were Trading so high.
- Even Nifty 10400 Weekly Expiry Option was trading at ₹2 when Nifty was near 9350.
- Even if Nifty would have hit upper Circuit today it would have ended at Zero.
- I do not miss Opportunities like these and sold the same to get some easy Money and today it will open closer to Zero.
- Do not Understand the Logic why people buy these Options because my sell order got accepted because somebody bought the same.
- Those who see Options Buying as a Lottery ticket will fail Miserably.
- Sold 9700,9800,9900,10000,10200,10400 CE Yesterday.
- Sold 8800,8900,8950, 9000 PE Yesterday as I was not Expecting Nifty to go below 9000.
- Nifty might Trade between 9100 to 9350 today.
- Bank Nifty will again continue to Underperform Compared to Nifty.
- We are Dealing in a Typical boring Rangebound Market. Traders should take calculated Risks when in this Range.
- Otherwise wait for a Breakout / Breakdown and protect your Capital until then.
- 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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