- 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 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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