- U.S markets were down a percent Yesterday.
- U.S Markets broke the Streak of continue 6 days gain Yesterday.
- Asian Markets are mostly Negative.
- SGX Nifty is up 20 Points & Trading near 10100.
- Indian Markets are Trading very Volatile from last few days.
- VIX up more than 30 & generally when this happens we witness Volatile moves.
- Yesterday both longs and shorts made money if they bought at proper levels.
- Markets after gapping up & Rallying could not break 10300 & started to crash.
- The Range is 10000 to 10300 but between this Range it's highly Volatile.
- Reliance fell from 1620 to 1540 in 2 days which also Couldn't Stablilise the Markets.
- We are in a sort of Correction phase.
- Nifty correcting 200-300 Points from here is probable.
- One needs to be sitting on their Toes to trade in such Markets as Volatility is massive.
- You can either take Volatility as your Advantage or either it can wipe you out.
- Markets are awaiting for FOMC ( Federal Open Market Committee) meeting outcome in U.S
- Trump is the biggest Trader of the World😀 so he wouldnt like to do anything which is against Market liking.
- Trade remains the same for today as we were trading Yesterday.
- Just that today's range has been extended
- Range is from 10k to 10300 on Nifty.
- Take contra Trades nearer to the Boundaries.
- Bank Nifty range is 21500 to 20000.
- Option Premiums are very high due to rising VIX so option Buyers should be careful.
- Usually after a huge rally of 1200 Points Markets Consolidate trade Volatile and start a fresh move.
- This move either could be downwards or upwards.
- If Nifty breaks 10000 I would become Bearish.
- If Nifty Crosses 10300 I would become Bullish.
- Those who cannot handle such Volatility and are not skilled to trade in this range can wait for Breakout / Breakdown.
- Nifty is likely to trade between 10000 to 10200.
- 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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