- US markets closed on a Positive Note Yesterday.
- Asian markets are also Trading Positive.
- SGX Nifty is trading near 9300.
- Expected a highly Volatile Market Yesterday.
- Market performed exactly opposite , were calm & silent Throughout the day with some Big swings in between.
- Nifty Traded in a range of just 80-100 points throughout the day Yesterday.
- One of the Weakest Expiry ever witnessed. Buy & Hold option Buyers were trapped Yesterday.
- This is According to the Poll done Yesterday on my Instagram Page.
- Nifty has been Trading in a range of 9100 to 9450.
- Within this Range Market is highly Volatile.
- FII & DII combined bought shares more than 23000 crores Yesterday.
- GSK sold ₹25000crore worth of HUL shares.
- GSK is not a FII, its investment comes under FDI. ( Foreign Direct Investment)
- So effectively FIIs and DIIs have sold shares worth ₹2000 crores yesterday.
- Expecting this Range to continue for coming weeks now.
- Expecting the Broader range to be between 9000 to 9500 on Nifty.
- Markets will keep Consolidating within this Range and will be witnessing Sideways moves.
- FMCG sector has fallen Contineously for some days now due to HUL news.
- Good Opportunity for Long term Investors to start exploring Opportunities in FMCG Sector.
- India VIX is trading below 40 now.
- Expecting Nifty to trade between 9200 to 9420 today.
- ICICI Bank Results are likely to be Announced Tomorrow.
- Reliance Industries along with Auto Sector should keep holding Nifty .
- So I am not Expecting much of a fall from here on unless any fresh news comes in.
- Do not carry any Positions over the Weekend. Last Week on Monday Nifty opened 500 Points gap down.
- Nobody knows what news might come in and its impact on the Markets.
- Everybody is waiting for a STIMULUS package from Government. Maybe this Optimism is not letting Markets fall by much.
- Best Trade on Index Remains to trade near the Boundaries & wait Patiently for a Breakout / Breakdown.
- Expecting this Expiry to be Rangebound as well. Markets are likely to Consolidate within a Range.
- 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...
Comments