- US markets closed a percent higher Yesterday.
- Asian Markets are all in Green.
- SGX Nifty is Trading around 11240 now.
- Yesterday our Markets Witnessed large profit booking in last hour.
- Reason was Majorly Reliance.
- Today around 5.30 pm it is coming up with Results .
- So there was a heavy profit booking here.
- The good thing is Yesterday in Spite of Markets closing low most of the stocks were in green and few in red.
- Market breadth was towards Advances.
- Yesterday US fed came up with a Positive Outlook and came up with measures to revive economy.
- Also they have said that they have all the Tools to ensure Liquidity and use it when needed.
- This Created a Positive sentiment and US markets rallied.
- Many people after Yesterdays fall start to Question that has the Trend changed.
- According to me the answer is NO.
- Trend will not change until Global Markets become Bearish.
- As long as Global Markets are Rallying we will also Participate.
- Every dip is buying Opportunity.
- Expecting Today's Expiry to be Rangebound with a Slight Positive Bias.
- Expecting today's range between 11180-11340.
- Will set puts below 11200 and calls above 11350 and keep Adjusting positions.
- Have not Carried any Positions due to event in U.S.
- But that has come on expected lines so there is not much impact on our markets.
- 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...
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