- U.S Markets closed a Percent higher Yesterday.
- Asian markets are mostly positive and rallying as Economies all over the World are opening up.
- Indian Markets have caught up Significantly and now almost at par with World Markets.
- Bank Nifty was the Star of this Rally.
- It rallied more than 4500 Points in less than 7 trading Sessions.
- Markets are ignoring all the news which are being thrown to it right now.
- U.S - China Trade issues , Riots in America all are being ignored by the Markets and they are moving Independently.
- Major Big event for the Global Markets will be U.S elections.
- China will do Everything not to let Trump win & Trump will do Everything do defame China.
- Yesterdays last hour was Witnessed by Heavy Profit Booking.
- Bank Nifty fell 800 Points in less than an hour.
- Nifty fell 130 Points in the same period.
- FII's were net Buyers Yesterday and have bought more than 1800 Crores .
- DII's were Net Sellers Yesterday and sold about 700 Crores.
- 10000 CE has open interest in the weekly Expiry on the lower side.
- 10200 CE has the highest open Interest on the upper side.
- So today's Expiry Nifty is likely to Expire between 10000 to 10200.
- If any one of the levels gets taken out we may Witness a sharp 50-100 Points fall or rise.
- Today's Expiry my Strategy would be to sell Call Options as Nifty gets closer to 10200 & sell Put Options as Nifty gets closer to 10000 and keep doing Adjustments Accordingly.
- Within this 200 Point Range Nifty is likely to be highly Volatile so i won't put in all of my Capital in one go.
- Will always have some Additional Capital with me to average out.
- Sold 9850,9800,9750,9700,9650,9600,9550,9550 PE Yesterday.
- Sold 10250,10300,10350,10400,10450,10500 CE Yesterday.
- All were for Weekly Expiry.
- Majority of them will open at Zero Today.
- There will be huge Volatility today so one should keep this in mind while Trading.
- This is still a buy on dip market and trend has not changed yet.
- Intraday the Strategy would be to trade near the Boundaries of 10000 to 10200 and take contra bets.
- Better to avoid Bank Nifty today as it will be the most Volatile compared to Nifty.
- Nifty might trade between 9950 to 10200.
- 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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