- U.S Markets closed 3% lower Yesterday.
- Asian Markets are all in Red.
- Florida reported huge increase in Corona Virus Cases and also decrease in World Growth rate.
- SGX Nifty is trading below 10200.
- Yesterday Luckily I havent sold out options but was sitting at Big MTM loss.
- Covered some by selling Call Options.
- Today Markets opening at gap down so it will be a tough day to manage.
- Expecting our Markets not to Underperform in line with Global Markets.
- ICICI Bank is planning to raise 3 Billion Dollars.
- It was down 7% Yesterday because of this and dragged our Markets lower.
- Bank Nifty highly Underperformed Yesterday and the reason is ICICI Bank.
- Markets were highly Volatile Yesterday & fell 200 points in less than 2 hours.
- Today also Expecting Markets to be very Volatile.
- I dont expect Markets to be very Bearish like Yesterday.
- But nobody knows what's going to happen.
- If U.S futures support markets then we can expect major recovery.
- This Expiry is going to be very Interesting.
- Nifty May trade between 10100 to 10320.
- Bank Nifty is very Volatile and Range cannot be decided.
- Expecting Expiry to be between 10200 to 10400 for Nifty.
- I may be wrong as well so please consult your Financial Advisor and Trade on your own risk.
- 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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