- 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 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...
Comments