- US markets closed higher Yesterday.
- Asian markets are mixed.
- SGX Nifty is Trading near 10700.
- In July series, Markets are Trading within range.
- Yesterday last hour Markets Witnessed huge profit booking.
- This is not Trend Reversal and just normal profit booking.
- Nothing to be worried and say crash is Approaching etc.
- FII's & DII's were net sellers Yesterday.
- I sold 10600 Put Yesterday Weekly Expiry when Nifty fell below 10700.
- Yesterday until 2.30 Bank Nifty was holding Nifty and was on a roll.
- Bank Nifty Couldn't Sustain above 23000 and Eventually collapsed from the high.
- Eventually leading to big sell off in Nifty.
- Bank Nifty range would be between 22200 & 22900 for this Expiry.
- Nifty might trade between 10650 & 10820 today.
- Flat Markets expected today.
- Do not expect any Big Moves on Nifty.
- Bank Nifty is a high Volatile index , exited all the Positions in Bank Nifty Yesterday with good profits.
- Trade for today is to by on dips closer to 10650-10620 on Nifty & sell near 10800.
- Do not trade in Weekly Expiry Options of Today , Trade in Next week Expiry options.
- Theta decay will be less.
- 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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