- U.S Markets were closed on Friday but U.S Futures are up 1% now.
- Nasdaq is Trading at all time high.
- Asian Markets are all in Green.
- SGX Nifty is up 100 Points and Trading near 10680.
- I was Receiving many Texts as to why Markets are Trading higher despite Corona Virus infections Increasing and all bad news etc.
- According to me , Markets are rising because things are not bad as it seemed to be at the Beginning of Corona Virus Pandemic.
- Businesses have started , Economy is Recovering.
- Markets always factor in all the news before handed.
- It discounts the future news before handed.
- The day the Vaccine comes out , the Markets will top out.
- This is the Nature of Markets.
- Runs on hopes , tops out on Reality.
- FII's were selling for the past whole month now they have turned Net Buyers.
- Bought more than 800 Crores on Friday.
- This is a very important number.
- Another Important Observation is Large Cap Stocks on Individual Charts are looking very Bullish.
- Large Cap Stocks are ready to go Boom.
- You might be thinking why am I so Bullish even in this Situation , just say me with facts why should I be Bearish?
- People felt Markets topped out at 10600.
- Markets top out when everybody is Long on the Markets.
- Hardly now even 20% of the Participants are Long on the Markets currently. People don't even know why Markets are going up all over the World.
- Next Target for Nifty is 11000.
- I do not know how much time it will take for that as timing is never certain in Stock Markets.
- I sold 10300,10250,10200,10100 & 10000 PE on Friday weekly Expiry.
- Also taken a Ratio Spread on Friday
- Bought 10500 PE , Sold 2*10000 PE & 4*9500 PE Monthly Expiry.
- HDFC Bank has come out with Spectacular results this Weekend.
- This could take Bank Nifty higher & cross the Important Resistance of 22550 on Bank Nifty.
- Sometimes people overthink a lot and they miss the action happening , one needs to just follow the Markets without overthinking.
- U.S Vix is down to 28 now so expect India VIX to go down further.
- Unless any out of the Box Negative news comes in the Trend is Bullish.
- Nifty might Trade between 10580 to 10720 today.
- Bank Nifty might Outperform Nifty today on the Back of HDFC Bank results.
- 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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