- Indian Markets Witnessed a Massive Selling in the first half of Yesterdays Trading Session.
- Markets recovered from the lows in the Second half.
- Reason for this was Dow Futures as it was down 1000 Points Yesterday at one Point.
- U.S Markets closed Positive Yesterday.
- From Being 1000 Points down at Morning they closed Positive the next day.
- This shows the Volatility we are in.
- SGX Nifty is trading above 10k.
- This selling pressure in Yesterdays Market was because of FII'S.
- They have sold for more than ₹2500 Crores Yesterday.
- DII's are coming to the rescue.
- This is the reason markets are highly Volatile as money is shifting both hands.
- Reliance has broke & crossed it's Resistance of 1620 & is now at its fresh all time highs.
- FII's have a great holding in HDFC Twins and when they sell Pvt Banks fall.
- Yesterday Bank Nifty was down more than 900 Points at one point.
- This was due to selling Pressure of FII's.
- SGX Nifty is Trading Positive now so today we might get some short covering and Momentum towards the upside.
- I've been Constantly advising to buy on every dip which is being offered to you.
- The best way to trade with such Volatile Markets is to wait for the Markets to come near one end of the boundary.
- Take Contra bets & wait for a Target of other boundary.
- Now the Range might be between 9700 to 10200 for Nifty.
- If 10200 is Crossed we might Witness 10350.
- Very Minor chances of Nifty breaking 9700 this Expiry.
- I have been selling Put Options of Major fall since Friday.
- My View is Bullish so I am selling Put options & Trading with Bull Call Spread on the buy side.
- A Trader should always Hedge their Positions specially in such Volatile Markets.
- Yesterday India VIX was up 7% & closed near 32.
- Generally India VIX trading above 30 is a high Volatile Indicator.
- Today we might see some short covering in Index Heavyweights.
- Nifty might Trade between 9920 to 10120 today.
- 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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