- 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 higher Yesterday 2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically. 9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country...
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