- U.S Markets Ended 0.5% higher Yesterday , Mostly Flat.
- Asian Markets are Trading Mixed.
- SGX Nifty is Trading 40 Points higher near 10340 now.
- U.S Suspends HIB Vivas entering into their Country so this might be a Negative news for the IT Stocks.
- Yesterday in the Pre - Open SGX Nifty was up by 40 Points and was trading near 10230.
- Surprisingly , our Markets opened near 10370.
- This was highly Unexpected & Unplanned.
- Yesterday for the Complete day our Markets kept Consolidating & Trading within a Range.
- On days like these do not chase the Gap up Openings.
- The Trend is so Positive for our Markets that every dip is being bought into.
- Yesterday Nifty was Trading in red for a Maximum of 5 Minutes but that dip was also bought into immediately.
- This is a clear rising Market.
- Strong Momentum towards Upside and every dip is being entered into.
- Usually as per my Experience , Market gives a big Move at the time of Monthly Expiry.
- Last 2 months in the last week of Expiry , Markets gave a big Move towards Upside.
- We have to see where does this big move come this Month.
- High Probability that the same will be towards Upside as well.
- Yesterday Reliance did not perform Exceedingly well and Witnessed selling pressure near 1800.
- If Reliance joins the party we can expect Fireworks.
- Bank Nifty looks much Stronger Compared to Nifty & is in a Strong Uptrend.
- FII's were Net Buyers Yesterday.
- DII's were net sellers Yesterday mostly due to profit booking.
- I sold 9900 , 9800 , 9700, 9600 PE Yesterday and bought 9400 PE for Margin benefit and to reduce the Margin.
- Sold 10500 , 10600 , 10700 & 10800 CE Yesterday and bought 11000 CE for Margin benefit.
- Reliance trade exited in 7% profit in a week.
- Nifty might Trade between 10220 to 10420 today .
- Do not chase stocks like Glenmark Pharma etc which have already given big move Yesterday.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20. stockmarketadvisory.in
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